Proposed Merger of Sembcorp Marine and Keppel O & M

SingaTrader
2021-06-30

Touted as a win win for both Keppel and SCM shareholders, the proposed merger will create bigger and stronger O &M operation. But immediately after the announcement, Keppel gained 500m in market capitalisation and SCM lost 600m.....surely one can tell who won and who lost..........

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