Search
Temasek Drops Plan to Buy Keppel Stake
- Admin
- Aug 17, 2020
- 1 min read
Updated: Sep 19, 2020
Singapore's Temasek Holdings is terminating its SDG4.1billion offer to buy the controlling stake in conglomerate Keppel Corp, after Keppel reported a large second-quarter loss that breached a threshold in the state investor's offer to buy control of the company.
Temasek earlier had said it would make a decision by Aug 31.
- APMR News
Comments