SG-based Cyan Renewables to buy Australian vessel operator MMA Offshore for $726m

SG-based Cyan Renewables to buy Australian vessel operator MMA Offshore for $726m

Singapore’s Cyan Renewables, which operates vessels for offshore wind farms, said on Thursday it will buy its Australian peer MMA Offshore for A$1.1 billion ($725.67 million), marking the largest take-private deal in this space in the Asia Pacific region.