UAE firm Utico is ‘willing to walk away' from deal with Hyflux: report

Submitted By:  Nathanielle Punay Case Study:  No The deal is said to have left about 34,000 retail investors in the lurch. Hyflux’s white knight investor Utico 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. read more