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SINGAPORE - A consortium linked to Singapore state investor Temasek Holdings on Friday proposed buying media and real estate company Singapore Press Holdings Ltd (SPH) for about $3.4 billion, seeking to out-bid conglomerate Keppel Corp. The new offer has set the stage for a potential bidding war among investors eyeing SPH's property assets, which include malls, student accommodation and facilities. ....
A consortium linked to Singapore state investor Temasek Holdings on Friday proposed buying media and real estate company Singapore Press Holdings Ltd (SPH) for about S$3.4 billion ($2.5 billion), seeking to out-bid conglomerate Keppel Corp. ....