Keppel-Sembcorp Merger is On
Keppel Corporation and Sembcorp Marine have found common ground for the proposed combination of Keppel O&M and Sembcorp Marine.
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Keppel Corporation and Sembcorp Marine have found common ground for the proposed combination of Keppel O&M and Sembcorp Marine.
Keppel Corporation and Sembcorp Marine have found common ground for the proposed combination of Keppel O&M and Sembcorp Marine.
Keppel O&M and Sembcorp Marine have reached agreement on a proposed merger that would focus on renewables and clean energy solutions in the offshore space.
Summary of Transactions The Proposed Combination involves the establishment of a new holding company (the “Combined Entity”) which will combine the businesses of Keppel O&M and Sembcorp Marine via separate schemes of arrangement. Under Sembcorp Marine’s scheme of arrangement, Sembcorp Marine will undergo an internal restructuring exercise whereby shareholders of Sembcorp Marine will exchange their ...
Singaporean conglomerate Keppel has signed a deal to merge its offshore rig building business Keppel O&M with Sembcorp Marine.