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DBS recommends Vard shareholders accept the offer

Broker's Calls

DBS recommends Vard shareholders accept the offer

Gwyneth Yeo Published on Wed, Nov 16, 2016 / 12:33 PM GMT+8

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SINGAPORE (Nov 16): Fincantieri S.p.A., the 55.6% shareholder of Vard Holdings, has announced a voluntary conditional cash offer for the remaining shares in Vard at 24 cents, and DBS Group Research recommends shareholders accept the offer.

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