SINGAPORE – Keppel Corp is proposing to acquire Singapore Press Holdings (SPH) through a privatisation offer after the hiving off of SPH’s media business.

The offer, which values SPH at $3.4 billion, will see SPH delisted and become a wholly owned subsidiary of Keppel, the companies jointly announced on Monday (Aug 2). Keppel’s share of the deal is about $2.2 billion.

Under the offer, SPH shareholders will receive 66.8 cents in cash per share, as well as 0.596 Keppel Reit units and 0.782 SPH Reit units per share.


We use all content from others website just for demo purpose. We suggest to remove all content after building your demo website. And Don't copy our content without our permission.