Credit Suisse appointed as joint financial adviser of Keppel Corp (Amended)
CREDIT Suisse (Singapore) Limited has been appointed as the joint financial adviser of Keppel Corporation (KepCorp), in connection with the voluntary unconditional cash offer for all the issued ordinary shares in the capital of Keppel Land, KepCorp announced on Wednesday.
On Wednesday, Keppel Corp's counter closed up 1.45 per cent to S$8.38 while Keppel Land's counter closed at S$4.54, unchanged from the previous trading day.
The original article indicated that Credit Suisse (Singapore) Limited is the joint financial adviser of both Keppel Corporation and Keppel Land, when in fact it is the joint financial adviser of Keppel Corporation, in connection to its buyout offer for Keppel Land. The above article has been corrected to reflect that.
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
Tesla cuts US prices by US$2,000 as sales slow, inventories swell
Volkswagen workers vote decisively to unionise in Tennessee
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try