Engineering Services

Kimberly Redmond | |

US private equity firm Blackstone Inc is in talks to acquire Interplex Holdings, a Singapore-based technology and engineering company, in a transaction worth at least $1 billion. 

Citing confidential sources, Reuters reported on Tuesday that Blackstone has emerged as a leading bidder and a deal could be announced within a few weeks.

Blackstone is now hammering out the details of a transaction with Interplex’s owner, Baring Private Equity Asia (BPEA), so...