02-08-2021, 09:17 AM
MON, AUG 02, 2021 - 9:03 AM UPDATED MON, AUG 02, 2021 - 9:10 AM
CLAUDIA TAN
KEPPEL Corporation on Monday made a privatisation offer for Singapore Press Holdings' (SPH) non-media business through a scheme of arrangement. The deal values SPH at S$3.4 billion with Keppel's share of the deal totalling S$2.2 billion.
Under the scheme, shareholders will receive a total consideration of S$2.099 per share. This will comprise cash of $0.668 per share, 0.596 Keppel Reit unit valued at S$0.715 per unit, and 0.782 SPH Reit units valued at S$0.716 per unit from a distribution in-specie by SPH.
The rest of the report at:
https://www.businesstimes.com.sg/compani...a-business
CLAUDIA TAN
KEPPEL Corporation on Monday made a privatisation offer for Singapore Press Holdings' (SPH) non-media business through a scheme of arrangement. The deal values SPH at S$3.4 billion with Keppel's share of the deal totalling S$2.2 billion.
Under the scheme, shareholders will receive a total consideration of S$2.099 per share. This will comprise cash of $0.668 per share, 0.596 Keppel Reit unit valued at S$0.715 per unit, and 0.782 SPH Reit units valued at S$0.716 per unit from a distribution in-specie by SPH.
The rest of the report at:
https://www.businesstimes.com.sg/compani...a-business