Temasek Is Said to Weigh Sale of Testing Firm Element Materials

Temasek Holdings Pte is weighing a sale of Element Materials Technology, a UK testing company it acquired about three years ago, according to people with knowledge of the matter.

The Singapore state investment company, which bought Element in a deal valuing it at more than $7 billion including debt, is working with advisers to solicit interest, said the people, who asked not to be identified discussing confidential information.

The sale is likely to draw interest mainly from strategic parties, the people said. Temasek’s deliberations are at an early stage and there’s no certainty they’ll lead to a deal. A ...