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Home Icon > About Us > News > Temasek’s $3 Billion Bid for Keppel at Risk as Conglomerate Reports Big Loss

Temasek’s $3 Billion Bid for Keppel at Risk as Conglomerate Reports Big Loss

By Aradhana Aravindan and Anshuman Daga SINGAPORE, July 31 (Reuters) – Singaporean conglomerate Keppel Corp swung to a big second-quarter loss on Thursday that breaches a threshold in state investor Temasek Holdings’ $3 billion conditional offer to buy control of the company. Last October, Temasek offered to increase its one-fifth stake in Keppel to 51%, […]

WP_Post Object ( [ID] => 228199 [post_author] => 4 [post_date] => 2020-07-30 17:09:15 [post_date_gmt] => 2020-07-30 17:09:15 [post_content] => By Aradhana Aravindan and Anshuman Daga SINGAPORE, July 31 (Reuters) – Singaporean conglomerate Keppel Corp swung to a big second-quarter loss on Thursday that breaches a threshold in state investor Temasek Holdings’ $3 billion conditional offer to buy control of the company. Last October, Temasek offered to increase its one-fifth stake in Keppel to 51%, […] [post_title] => Temasek’s $3 Billion Bid for Keppel at Risk as Conglomerate Reports Big Loss [post_excerpt] => By Aradhana Aravindan and Anshuman Daga SINGAPORE, July 31 (Reuters) – Singaporean conglomerate Keppel Corp swung to a big second-quarter loss on Thursday that breaches a threshold in state investor Temasek Holdings’ $3 billion conditional offer to buy control of the company. Last October, Temasek offered to increase its one-fifth stake in Keppel to 51%, […] [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => keppels-loss-breaches-temaseks-conditions-for-takeover-ceo-says [to_ping] => [pinged] => [post_modified] => 2020-07-31 12:09:15 [post_modified_gmt] => 2020-07-31 12:09:15 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=141416 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )