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Singapore Press Holdings (SPH)
M&A
Tracking the offers from Keppel Corp and Cuscaden Peak for SPH as Fed's dot plot points to rate hikes
Keppel's offer for SPH has fluctuated since Cuscaden's $2.36 cash offer announced on Nov 15 because of changing risk free rates
December 06, 2021
M&A
Cuscaden Peak, Keppel's rival bidder for SPH, has cleared all regulatory hurdles
Cuscaden Peak had earlier gotten go-ahead from MAS and IMDA.
December 02, 2021
M&A
SPH says Keppel Scheme Meeting delayed
SPH says Keppel Scheme Meeting has been delayed
November 24, 2021
REITs
SPH shareholders have to decide between cash and REITs
The tussle for SPH rose a few notches with Cuscaden's all cash offer more attractive than Keppel's mainly REIT offer
November 24, 2021
M&A
Cuscaden scheme receives regulatory approvals from MAS and IMDA
Cuscaden Peak receives regulatory approvals from MAS and IMDA for change of control ins SPH REIT's manager, and stake in M1
November 21, 2021
Company in the news
Briefs: ST Engineering eyes revenue target of over $11 bil for FY2026; SPH shareholders likely to favour Cuscaden offer
"I wish I did." — Alphabet CEO Sundar Pichai when asked if he holds any cryptocurrency.
November 18, 2021
M&A
Delicious de-listings
We drank in sympathy with one of our number. We went home and regained enough sobriety to remember to buy the stock the next day.
November 18, 2021
Broker's Calls
SPH shareholders should accept Cuscaden's current offer: analysts
UOB Kay Hian has recommended shareholders to accept the highest offer available.
November 16, 2021
Offer
Keppel defends final offer for SPH, says offer is 'compelling' and a 'win-win proposition'
"The sooner the scheme is approved, the better it is for SPH," says Keppel's spokesperson.
November 16, 2021
Offer
Cuscaden ups offer for SPH to $2.40 per share, enters into implementation agreement with SPH
The new offer values SPH at $3.9 billion, and is superior to Keppel’s revised scheme consideration of $2.351 per share.
November 15, 2021