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Keppel Oil Rig And Sembcorp Marine To Merge? Should John Tan Invest In Oil Or Focus O
An honorable member of the Coffee Shop Has Just Posted the Following:
SINGAPORE: Keppel Corp and Sembcorp Marine have agreed to explore a potential tie-up that would see them combine their struggling offshore and marine (O&M) businesses after years of losses in an industry downturn. A deal would see Keppel spin off the new business into a listed entity and ultimately exit the legacy business, with Singapore state investor Temasek becoming the largest shareholder in the combined... Read more Click here to view the whole thread at www.sammyboy.com. |
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