Home / business / Keppel falls 13% as Temasek scraps $3 billion bid after conglomerate's loss

Keppel falls 13% as Temasek scraps $3 billion bid after conglomerate's loss

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Shares in Singapore's Keppel Corp fell 13% on Tuesday after Temasek Holdings abandoned its $3 billion conditional offer for the conglomerate by invoking a material adverse change clause following the company's poor financial results.

from Top Business News- News18.com
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Keppel falls 13% as Temasek scraps $3 billion bid after conglomerate's loss Keppel falls 13% as Temasek scraps $3 billion bid after conglomerate's loss Reviewed by Team Exprssnews on August 10, 2020 Rating: 5

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