Sembcorp Industries buys Australia’s Pioneer Sail Holdings for AUD 5.64 billion
Reuters2026/08/12 22:58- Sembcorp Industries bought 100% of Australia-based Pioneer Sail Holdings for AUD 5.64 billion; deal completed June 11, 2026.
- Purchase price estimate includes intercompany loans used to discharge shareholder loans owed to the sellers.
- Net book value acquired was estimated at AUD 2.83 billion, subject to completion purchase price adjustments.
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