Singapore utility Hyflux's suitor Utico says willing to walk away from rescue deal

Singapore utility Hyflux's suitor Utico says willing to walk away from rescue deal

Source: Hyflux headquarters in Singapore. (Photo by Mayuko Tani, Nikkei Asian Review)

A Middle Eastern suitor for Hyflux Ltd. said it is willing to walk away from a deal with the embattled water treatment company, after a little-known firm made an offer for the utility’s debt.