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Cosco hits 90% acquisition threshold in takeover bid, plans to delist Cogent

Singapore

CHINESE shipping company Cosco Shipping International (Singapore) has hit the 90 per cent compulsory acquisition mark for its S$1.02-a-share cash offer for Cogent Holdings.

As at 5pm on Dec 21, Cosco has received valid acceptances representing around 5.68 per cent of the...

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