An all cash offer for SPH during rising interest rates gives certainty to its shareholders, Cuscaden says

A big advantage for shareholders of Singapore Press Holdings (SPH) in Cuscaden Peak's all share offer is that it provides certainty at a time of rising interest rates. This and other advantages were highlighted in Cuscaden's responses to questions from SIAS.

Cuscaden has reiterated that it has unconditionally and irrevocably waived its right to walk away from the acquisition of SPH upon the occurrence of a Material Adverse Effect (MAE) condition.