Keppel Infrastructure Trust in Singapore has started a strategic review of a local chemicals business called IXOM.
It has been said that the review is being funded by interested suitors.
Although Keppel has not appointed any financial advisors as of now, it has been very close to Lazard Australia.
Lazard had advised Keppel when it had bought the IXOM for 1 billion dollars in October 2018 from Blackstone.
Tags : Singapore, Keppel, IXOM,