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Keppel Infrastructure Trust-led consortium completed the acquisition of EMK Holding from IMM Investment and Korea Development Bank for $482m.

Synopsis

Keppel Infrastructure Trust-led consortium completed the acquisition of EMK Holding, a waste management and recycling services provider, from IMM Investment, a investment manager, and Korea Development Bank, a state-owned policy development bank, for $482m. "The proposed acquisition is consistent with KIT's firm focus on sustainability and commitment to a low-carbon future," KIT.

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