Cuscaden Peak Raises Offer For Singapore Press Holdings

Bloomberg2021-11-15

Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets. The agreement provides SPH ...

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精彩评论

Siakhwang
2021-11-16
Siakhwang
Interesting. Bidding war for the properties under SPH
koolgal
2021-11-15
koolgal
How exciting for SPH investors! It is a tug of war between Keppel and Cuscaden Holdings! For now Cuscaden Holdings have the upper hand! May the best company win the bid!
- koolgal:
  Fantastic!
- Kerrisdale:
  just read this ; wow.. hodl
- koolgal:
  Me too.
- koolgal:
  Thanks
- 银色蚂蚁:
  [胜利]
TSLA玻璃手
2021-11-15
TSLA玻璃手
Awesome. I like the stock
kungpao
2021-11-15
kungpao
Bid again Keppel [开心]
- TSLA玻璃手:
  Lol
ping23
2021-11-15
ping23
pls like
- szueyann:
  ok
terryvstitch
2021-11-15
terryvstitch
Like
- szueyann:
  ok
- 63031164:
  ok

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Bidding war for the properties under SPH","listText":"Interesting. Bidding war for the properties under SPH","text":"Interesting. Bidding war for the properties under SPH","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871307475","repostId":1136863491,"repostType":4,"repost":{"id":"1136863491","kind":"news","pubTimestamp":1636943148,"share":"https://www.laohu8.com/m/news/1136863491?lang=&edition=full","pubTime":"2021-11-15 10:25","market":"sg","language":"en","title":"Cuscaden Peak Raises Offer For Singapore Press Holdings","url":"https://stock-news.laohu8.com/highlight/detail?id=1136863491","media":"Bloomberg","summary":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the uppe","content":"<p>Cuscaden Peak Pte.raised its offer for&nbsp;Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.</p>\n<p>The&nbsp;agreement&nbsp;provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping&nbsp;a bid last weekfromKeppel Corp.</p>\n<p>SPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.</p>\n<p>The offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.</p>\n<p>Keppel had offered S$2.351 per share in a “final” offer last week.</p>\n<p><img src=\"https://static.tigerbbs.com/02080347f2d7a344ff7df4af1415bce8\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The&nbsp;restructuring&nbsp;of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.</p>\n<p>The Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.</p>\n<p>The deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cuscaden Peak Raises Offer For Singapore Press Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCuscaden Peak Raises Offer For Singapore Press Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136863491","content_text":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping a bid last weekfromKeppel Corp.\nSPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.\nThe offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.\nKeppel had offered S$2.351 per share in a “final” offer last week.\n\nThe restructuring of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.\nThe Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.\nThe deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":873247857,"gmtCreate":1636953266241,"gmtModify":1636953266241,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"htmlText":"How exciting for SPH investors! It is a tug of war between Keppel and Cuscaden Holdings!&nbsp; For now Cuscaden Holdings have the upper hand!&nbsp; May the best company win the bid!&nbsp;","listText":"How exciting for SPH investors! It is a tug of war between Keppel and Cuscaden Holdings!&nbsp; For now Cuscaden Holdings have the upper hand!&nbsp; May the best company win the bid!&nbsp;","text":"How exciting for SPH investors! It is a tug of war between Keppel and Cuscaden Holdings! For now Cuscaden Holdings have the upper hand! May the best company win the bid!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/873247857","repostId":1136863491,"repostType":4,"repost":{"id":"1136863491","kind":"news","pubTimestamp":1636943148,"share":"https://www.laohu8.com/m/news/1136863491?lang=&edition=full","pubTime":"2021-11-15 10:25","market":"sg","language":"en","title":"Cuscaden Peak Raises Offer For Singapore Press Holdings","url":"https://stock-news.laohu8.com/highlight/detail?id=1136863491","media":"Bloomberg","summary":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the uppe","content":"<p>Cuscaden Peak Pte.raised its offer for&nbsp;Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.</p>\n<p>The&nbsp;agreement&nbsp;provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping&nbsp;a bid last weekfromKeppel Corp.</p>\n<p>SPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.</p>\n<p>The offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.</p>\n<p>Keppel had offered S$2.351 per share in a “final” offer last week.</p>\n<p><img src=\"https://static.tigerbbs.com/02080347f2d7a344ff7df4af1415bce8\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The&nbsp;restructuring&nbsp;of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.</p>\n<p>The Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.</p>\n<p>The deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cuscaden Peak Raises Offer For Singapore Press Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCuscaden Peak Raises Offer For Singapore Press Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136863491","content_text":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping a bid last weekfromKeppel Corp.\nSPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.\nThe offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.\nKeppel had offered S$2.351 per share in a “final” offer last week.\n\nThe restructuring of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.\nThe Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.\nThe deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6585205,"gmtCreate":1636970256614,"gmtModify":1636970256614,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":873247857,"type":1,"supId":6584493,"prevId":0,"content":"Fantastic!","text":"Fantastic!","html":"Fantastic!"},{"id":6584493,"gmtCreate":1636965840479,"gmtModify":1636965840608,"authorId":3569672085341585,"author":{"id":3569672085341585,"idStr":"3569672085341585","authorId":3569672085341585,"name":"Kerrisdale","avatar":"https://static.tigerbbs.com/a4d14a21feeb313f6dab3cc9b67b4219","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":873247857,"type":1,"supId":0,"prevId":0,"content":"<p>just read this ; wow.. hodl</p>","text":"<p>just read this ; wow.. hodl</p>","html":"<p>just read this ; wow.. hodl</p>"},{"id":6583614,"gmtCreate":1636959085423,"gmtModify":1636959085423,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":873247857,"type":1,"supId":6583187,"prevId":0,"content":"Me too.","text":"Me too.","html":"Me too."},{"id":6583605,"gmtCreate":1636959035421,"gmtModify":1636959035421,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":873247857,"type":1,"supId":6583310,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":6583310,"gmtCreate":1636956288008,"gmtModify":1636956288042,"authorId":3577365538114922,"author":{"id":3577365538114922,"idStr":"3577365538114922","authorId":3577365538114922,"name":"银色蚂蚁","avatar":"https://static.tigerbbs.com/92e8524107a986c74239171a15e29e41","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":873247857,"type":1,"supId":0,"prevId":0,"content":"[胜利]","text":"[胜利]","html":"[胜利]"}],"langContent":"CN"},{"id":873219507,"gmtCreate":1636946116491,"gmtModify":1636946116845,"author":{"id":"3575408338074495","authorId":"3575408338074495","name":"TSLA玻璃手","avatar":"https://static.tigerbbs.com/74a100f6cd29713d58bf0f4b64f32143","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3575408338074495","authorIdStr":"3575408338074495"},"htmlText":"Awesome. I like the stock","listText":"Awesome. I like the stock","text":"Awesome. I like the stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873219507","repostId":1136863491,"repostType":4,"repost":{"id":"1136863491","kind":"news","pubTimestamp":1636943148,"share":"https://www.laohu8.com/m/news/1136863491?lang=&edition=full","pubTime":"2021-11-15 10:25","market":"sg","language":"en","title":"Cuscaden Peak Raises Offer For Singapore Press Holdings","url":"https://stock-news.laohu8.com/highlight/detail?id=1136863491","media":"Bloomberg","summary":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the uppe","content":"<p>Cuscaden Peak Pte.raised its offer for&nbsp;Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.</p>\n<p>The&nbsp;agreement&nbsp;provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping&nbsp;a bid last weekfromKeppel Corp.</p>\n<p>SPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.</p>\n<p>The offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.</p>\n<p>Keppel had offered S$2.351 per share in a “final” offer last week.</p>\n<p><img src=\"https://static.tigerbbs.com/02080347f2d7a344ff7df4af1415bce8\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The&nbsp;restructuring&nbsp;of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.</p>\n<p>The Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.</p>\n<p>The deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cuscaden Peak Raises Offer For Singapore Press Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCuscaden Peak Raises Offer For Singapore Press Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136863491","content_text":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping a bid last weekfromKeppel Corp.\nSPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.\nThe offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.\nKeppel had offered S$2.351 per share in a “final” offer last week.\n\nThe restructuring of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.\nThe Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.\nThe deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":873232991,"gmtCreate":1636945309494,"gmtModify":1636945309752,"author":{"id":"3575091423649914","authorId":"3575091423649914","name":"kungpao","avatar":"https://static.tigerbbs.com/f469169ddf2122a6445250fcaea5382c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3575091423649914","authorIdStr":"3575091423649914"},"htmlText":"Bid again Keppel&nbsp;[开心]&nbsp;","listText":"Bid again Keppel&nbsp;[开心]&nbsp;","text":"Bid again Keppel [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/873232991","repostId":1136863491,"repostType":4,"repost":{"id":"1136863491","kind":"news","pubTimestamp":1636943148,"share":"https://www.laohu8.com/m/news/1136863491?lang=&edition=full","pubTime":"2021-11-15 10:25","market":"sg","language":"en","title":"Cuscaden Peak Raises Offer For Singapore Press Holdings","url":"https://stock-news.laohu8.com/highlight/detail?id=1136863491","media":"Bloomberg","summary":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the uppe","content":"<p>Cuscaden Peak Pte.raised its offer for&nbsp;Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.</p>\n<p>The&nbsp;agreement&nbsp;provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping&nbsp;a bid last weekfromKeppel Corp.</p>\n<p>SPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.</p>\n<p>The offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.</p>\n<p>Keppel had offered S$2.351 per share in a “final” offer last week.</p>\n<p><img src=\"https://static.tigerbbs.com/02080347f2d7a344ff7df4af1415bce8\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The&nbsp;restructuring&nbsp;of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.</p>\n<p>The Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.</p>\n<p>The deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cuscaden Peak Raises Offer For Singapore Press Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCuscaden Peak Raises Offer For Singapore Press Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136863491","content_text":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping a bid last weekfromKeppel Corp.\nSPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.\nThe offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.\nKeppel had offered S$2.351 per share in a “final” offer last week.\n\nThe restructuring of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.\nThe Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.\nThe deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6581692,"gmtCreate":1636946122498,"gmtModify":1636946122532,"authorId":3575408338074495,"author":{"id":3575408338074495,"idStr":"3575408338074495","authorId":3575408338074495,"name":"TSLA玻璃手","avatar":"https://static.tigerbbs.com/74a100f6cd29713d58bf0f4b64f32143","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":873232991,"type":1,"supId":0,"prevId":0,"content":"Lol","text":"Lol","html":"Lol"}],"langContent":"CN"},{"id":873297447,"gmtCreate":1636944702086,"gmtModify":1636944702683,"author":{"id":"3574521189147374","authorId":"3574521189147374","name":"ping23","avatar":"https://static.tigerbbs.com/c38fda829a130d716804cbae538a7cb8","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574521189147374","authorIdStr":"3574521189147374"},"htmlText":"pls like","listText":"pls like","text":"pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/873297447","repostId":1136863491,"repostType":4,"repost":{"id":"1136863491","kind":"news","pubTimestamp":1636943148,"share":"https://www.laohu8.com/m/news/1136863491?lang=&edition=full","pubTime":"2021-11-15 10:25","market":"sg","language":"en","title":"Cuscaden Peak Raises Offer For Singapore Press Holdings","url":"https://stock-news.laohu8.com/highlight/detail?id=1136863491","media":"Bloomberg","summary":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the uppe","content":"<p>Cuscaden Peak Pte.raised its offer for&nbsp;Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.</p>\n<p>The&nbsp;agreement&nbsp;provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping&nbsp;a bid last weekfromKeppel Corp.</p>\n<p>SPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.</p>\n<p>The offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.</p>\n<p>Keppel had offered S$2.351 per share in a “final” offer last week.</p>\n<p><img src=\"https://static.tigerbbs.com/02080347f2d7a344ff7df4af1415bce8\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The&nbsp;restructuring&nbsp;of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.</p>\n<p>The Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.</p>\n<p>The deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cuscaden Peak Raises Offer For Singapore Press Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCuscaden Peak Raises Offer For Singapore Press Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136863491","content_text":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping a bid last weekfromKeppel Corp.\nSPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.\nThe offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.\nKeppel had offered S$2.351 per share in a “final” offer last week.\n\nThe restructuring of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.\nThe Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.\nThe deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6582450,"gmtCreate":1636950993141,"gmtModify":1636950993294,"authorId":3573721781255613,"author":{"id":3573721781255613,"idStr":"3573721781255613","authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":873297447,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":873293484,"gmtCreate":1636944016606,"gmtModify":1636944016733,"author":{"id":"3582770069606941","authorId":"3582770069606941","name":"terryvstitch","avatar":"https://static.tigerbbs.com/7a0184a6e9d86edb86f52e47b7268432","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582770069606941","authorIdStr":"3582770069606941"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/873293484","repostId":1136863491,"repostType":4,"repost":{"id":"1136863491","kind":"news","pubTimestamp":1636943148,"share":"https://www.laohu8.com/m/news/1136863491?lang=&edition=full","pubTime":"2021-11-15 10:25","market":"sg","language":"en","title":"Cuscaden Peak Raises Offer For Singapore Press Holdings","url":"https://stock-news.laohu8.com/highlight/detail?id=1136863491","media":"Bloomberg","summary":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the uppe","content":"<p>Cuscaden Peak Pte.raised its offer for&nbsp;Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.</p>\n<p>The&nbsp;agreement&nbsp;provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping&nbsp;a bid last weekfromKeppel Corp.</p>\n<p>SPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.</p>\n<p>The offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.</p>\n<p>Keppel had offered S$2.351 per share in a “final” offer last week.</p>\n<p><img src=\"https://static.tigerbbs.com/02080347f2d7a344ff7df4af1415bce8\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The&nbsp;restructuring&nbsp;of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.</p>\n<p>The Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.</p>\n<p>The deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cuscaden Peak Raises Offer For Singapore Press Holdings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCuscaden Peak Raises Offer For Singapore Press Holdings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 10:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-15/singapore-press-inks-pact-with-cuscaden-for-privatization","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136863491","content_text":"Cuscaden Peak Pte.raised its offer for Singapore Press Holdings Ltd., giving the consortium the upper hand in a bidding tussle to acquire the company’s property assets.\nThe agreement provides SPH shareholders with either a total consideration of S$2.40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2.36 apiece, according to a statement from both firms. The offer values SPH at S$3.9 billion ($2.9 billion), trumping a bid last weekfromKeppel Corp.\nSPH said the Cuscaden offer is “superior” and its independent directors in a preliminary recommendation advised shareholders to vote in favor of the bid.\nThe offer is another escalation in the takeover battle for the company’s assets. Cuscaden -- a consortium which also includes units backed by investment giant Temasek, in addition to Mapletree Investments Pte. and a company tied to Singapore property tycoon Ong Beng Seng -- has been competing with Keppel to acquire SPH’s assets.\nKeppel had offered S$2.351 per share in a “final” offer last week.\n\nThe restructuring of the media business, which includes the Straits Times newspaper, was approved in September and is expected to be completed in December.\nThe Cuscaden offer of S$2.40 implies 3% upside from the last closing price. Trading of Singapore Press Holdings’ shares and those of its real estate investment trust were halted earlier Monday.\nThe deal can only proceed if SPH shareholders first vote against the Keppel offer at a meeting on Dec. 8, according to the statement. If that proposal is voted down, shareholders will then proceed to vote for the Cuscaden offer in January.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6582451,"gmtCreate":1636950999181,"gmtModify":1636950999214,"authorId":3573721781255613,"author":{"id":3573721781255613,"idStr":"3573721781255613","authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":873293484,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":6581335,"gmtCreate":1636944277910,"gmtModify":1636944277943,"authorId":3578176602660058,"author":{"id":3578176602660058,"idStr":"3578176602660058","authorId":3578176602660058,"name":"63031164","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":873293484,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":87,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1136863491"}