Keppel sticks to $2.8b bid for Singapore Press despite superior offer

Keppel sticks to $2.8b bid for Singapore Press despite superior offer

Photo by Kit Suman on Unsplash

Keppel Corp maintained on Tuesday its revised offer of S$2.351 per share to buy Singapore Press Holdings, excluding its media business, a day after Cuscaden Peak swooped in with a superior bid for the media and real estate firm.

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