Home   /   Taxonomy   /   Term

MAC pre-condition

Offshore & Marine

Pre-conditions for Temasek’s partial offer for Keppel Corp not satisfied

On Aug 1, Keppel Corp announced that Temasek Holdings will disclose as soon as it makes a decision, and no later than Aug 31, if the latter intends to invoke the material adverse change (MAC) clause in its partial pre-conditional offer for Keppel Corp at
×