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Lessons from the KepLand takeover

KeppelCorp170415.jpg
The Keppel Corp takeover of Keppel Land was a fascinating and instructive study for minority shareholders, the offerors and perhaps even institutions. Now that the deal has been completed, it might be useful to revisit the salient points.

THE Keppel Corp takeover of Keppel Land was a fascinating and instructive study for minority shareholders, the offerors and perhaps even institutions. Now that the deal has been completed, it might be useful to revisit the salient points.

First, the two-tier offer, with one price...

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