SUBSCRIBERS
Temasek's offer for Keppel may stay but at a lower price: analysts
Analysts cutting their target prices even though they're keeping their 'buy' calls
Published Mon, Aug 3, 2020 · 09:50 PM
Singapore
SOME analysts are keeping faith with Temasek Holdings going through with its partial offer for Keppel Corporation given the need for consolidation in the sector.
But the offer price may be lowered, leading them to cut their target prices even though they're keeping their "buy" calls.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
Stablecoin issuer Tether invests US$200 million in brain-computer interface company
Yahoo to lay off staff in Singapore as it shifts to content curation
US: Wall St opens higher on megacap strength, Fed verdict awaited
IReit Global occupancy rate grows to 91.5% in Q1
Yen surges against US dollar on suspected intervention