SINGAPORE (Nov 9): Keppel Corporation has improved its takeover offer of Singapore Press Holdings to S$2.351 per share — up 12.6% from its original offer of S$2.099.
Keppel’s widely expected revised offer is forced upon to counter a possible offer of S$2.10 offer from a consortium called Cuscaden Peak, led by hotelier Ong Beng Seng on Oct 29.
Back in August, Keppel tabled an offer worth...(click on link for full story on theedgesingapore.com)