mergers and acquisitions

The deal is a first in a series of planned acquisitions.

UOB Kay Hian said Cuscaden might make a mandatory offer of $0.964 per share.

The group will acquire Rothery's Coaches in Queensland.

The deal value skyrocketed from $2.86b in 2020.

The sale had a total cost of $2.2b.

The increase represented increased considerations of 2.1% in cash and 5.8% in shares.

The bank said the merger is crucial in the REIT sector.

ARA LOGOS is currently on the 13th spot.

The merger will create a flagship pan-Asia logistics and high-tech S-REIT.

Keppel is set to fully acquire SPH’s non-media businesses by end-December if shareholders approve.

Keppel Corp has proposed the acquisition of SPH, minus its media assets, for $2.2b.

The proposed transaction is expected to be completed by December 2021.

Not even the pandemic could fully defeat the investor demand for up and coming Singapore firms in the company market.

There were only three initial public offerings in Singapore in the first six months of 2021.

Overall announced M&A activity set the record for the highest semiannual period value-wise.

Keppel is also in talks with Temasek on selling its legacy rigs.