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Temasek-backed consortium makes $2 5bn bid for Singapore Press

SINGAPORE: A consortium of three property developers backed by Singapore state investor Temasek offered to buy media group Singapore Press Holdings for S$3.34 billion (US$2.48 billion) on Friday, seeking to out-bid conglomerate Keppel Corp.

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Temasek-backed consortium makes $2 5 bln bid for Singapore Press, tops Keppel s offer

A Singapore state investor Temasek-backed consortium of three property developers proposed to buy media group Singapore Press Holdings for S$3.34 billion on Friday, seeking to out-bid. | October 29, 2021

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Singapore s SPH gets rival takeover offer from tycoon, Temasek units

Singapore s SPH gets rival takeover offer from tycoon, Temasek units
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Temasek-backed consortium makes bid for SPH, tops Keppel s offer

A Singapore state investor Temasek-backed consortium of three property developers proposed to buy media group Singapore Press Holdings for $3.34 billion on Friday (Oct 29), seeking to out-bid conglomerate Keppel Corp. The consortium Cuscaden Peak offered $2.10 per share in cash for Singapore Press, marginally topping Keppel's more complicated cash-plus-share offer of $2.099. Keppel's offer to buy Singapore Press, which.

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