SUBSCRIBERS
Chuan Hup accepts sweetened bid for CH Offshore
Published Mon, Feb 9, 2015 · 09:50 PM
Singapore
CHUAN Hup Holdings on Monday said it would sell its 24.7 per cent stake in CH Offshore worth S$95.7 million to Falcon Energy Group, after the latter sweetened the offer.
Falcon, an offshore marine and resources player, on Monday raised its all-cash offer price for each CH Offshore share from 49.5 Singapore cents to 55 Singapore cents.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Paramount will let exclusive talks with Skydance lapse: NYT
Citi says European authorities are scrutinising 2022 flash crash
Tech platforms make pitch for ad deals as TikTok is roiled by politics
Expedia shares sink as vacation rental weakness fuels revenue forecast trim
Oil settles down on US jobs data, steepest weekly loss in three months
Europe: Shares end higher on tech support; banks slide