Announced
Temasek terminates the $3bn deal with Keppel.
Synopsis
Temasek, a Singaporean holding company, terminated the acquisition of a 30% stake in Keppel, a Singaporean marine conglomerate, for $3bn. Temasek currently directly owns 20% of Keppel. Such measures were brought after Keppel reported significant losses in Q2 2020, invoking a material adverse change.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
No credit card required
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.