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Singapore Offshore Mergers and Acquisitions

Keppel and Sembcorp Marine streamline deal to join forces

Proposed combination is now structured as an acquisition by Sembcorp Marine of Keppel O&M, instead of a merger

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‘This simplifies implementation, provides greater deal certainty and accelerates the transaction, as there will no longer be a need to form a separate listed combined entity to hold Keppel O&M and Sembcorp Marine,’ Keppel Corp’s chief executive Loh Chin Hua says

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