Keppel sticks to $2.8b bid for Singapore Press despite superior offer

Keppel sticks to $2.8b bid for Singapore Press despite superior offer

Photo by Kit Suman on Unsplash

Keppel Corp maintained on Tuesday its revised offer of S$2.351 per share to buy Singapore Press Holdings, excluding its media business, a day after Cuscaden Peak swooped in with a superior bid for the media and real estate firm.