Keppel raises offer for SPH to S$2.351 per share, edging out Cuscaden Peak's S$2.10

Keppel raises offer for SPH to S$2.351 per share, edging out Cuscaden Peak's S$2.10
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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)