SINGAPORE, Dec 15 (Reuters) - Sembcorp Industries , a Singapore conglomerate which has businesses in utilities and industrial parks, said on Wednesday its Australian associate has won a bid to acquire a waste management firm for A$235 million ($234.8 million).
SITA Environmental Solutions, which is 40 percent-owned by Sembcorp Industries, will acquire 100 percent of WSN Environmental Solutions, a firm owned by the New South Wales government in Australia.
The acquisition will be funded through a mix of debt and shareholder funds, and is expected to be completed at end-January next year, Sembcorp Industries said in a statement
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