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Analysts cheer merger between Keppel and SembMarine with TP estimate on Keppel of at least $6.20

Felicia Tan
Felicia Tan • 6 min read
Analysts cheer merger between Keppel and SembMarine with TP estimate on Keppel of at least $6.20
Analysts from DBS and UOB Kay Hian have kept "buy" on Keppel Corp while OCBC has upgraded Keppel Corp to "buy" from "hold".
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Analysts from DBS Group Research and UOB Kay Hian have kept their “buy” calls on Keppel Corporation after the group announced that it was in talks with Sembcorp Marine (SembMarine) on a potential merger between Keppel O&M and SembMarine on June 24.



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