Independent journal on economy and transport policy
06:51 GMT+2
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Negotiations for the merger of Keppel Offshore & Marine and Sembcorp Marine
A non-binding agreement has been signed
June 24, 2021
The two groups have announced that if the proposed merger goes in port, the new entity will be listed on the Stock Exchange and the shareholders of Sembcorp Marine will hold shares in the new companies while those of Keppel will receive both shares of the new company that a cash consideration up to 500 million Singapore dollars (372 million U.S. dollars).
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The two groups have announced that if the proposed merger goes in port, the new entity will be listed on the Stock Exchange and the shareholders of Sembcorp Marine will hold shares in the new companies while those of Keppel will receive both shares of the new company that a cash consideration up to 500 million Singapore dollars (372 million U.S. dollars).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
