Reuters was first to report that Singaporean state investor Temasek had made an offer to buy a majority share in conglomerate Keppel Corp before an official announcement. Reuters broke the news after trade in Keppel was suspended. The $3 billion deal was confirmed later by Temasek.
Reuters first to report Temasek set to take control of Singapore’s Keppel Corp
21 October 2019, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia