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Privatisation of Keppel T&T at $1.91 highly likely to go through

PC Lee
PC Lee • 3 min read
Privatisation of Keppel T&T at $1.91 highly likely to go through
SINGAPORE (Sept 28): If Axiata rejects the pre-conditional voluntary general offer (VGO) by Keppel and SPH to acquire M1 at $2.06 per share, the deal still goes through as it takes another effective 18% from the market to gain 51%, say analysts.
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