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It's a 'Yes': Sembcorp Marine shareholders approve $3.37 billion acquisition of Keppel Offshore & Marine
Feb. 16, 2023
Source: Upstream Online

It's a 'Yes': Sembcorp Marine shareholders approve $3.37 billion acquisition of Keppel Offshore & Marine

A total of 95.28% of the votes cast at the 16 virtual extraordinary general meeting were to approve the S$4.5 billion (US$3.37 billion) deal. The two shipyards have been working on a merger since July last year and the idea for a union of the two Singapore-listed companies has been discussed in industry circles for decades.

   Read More About : Acquisitions Asia Mergers and Acquisitions Offshore Singapore
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