Sembcorp Marine to effect proposed combination with Keppel O&M via a direct acquisition with improved terms
Sembcorp Marine has entered into an Amended and Restated Combination Framework Agreement with Keppel Corporation which sets out the revised transaction structure and terms on which the Proposed Combination of Sembcorp Marine and Keppel Offshore & Marine ('Keppel O&M') will be effected.
Source: energy-pedia.com