Item request has been placed!
×
Item request cannot be made.
×
![loading](/sites/all/modules/hf_eds/images/loading.gif)
Processing Request
Singapore Insurer's Holders Seeking Better Offer From OCBC.
Item request has been placed!
×
Item request cannot be made.
×
![loading](/sites/all/modules/hf_eds/images/loading.gif)
Processing Request
- معلومة اضافية
- الموضوع:
- الموضوع:
- نبذة مختصرة :
A group of minority shareholders of Great Eastern Holdings Ltd. are opposing the S$1.4 billion takeover bid from Oversea-Chinese Banking Corp. (OCBC). While the offer price of S$25.60 per share is higher than the pre-announcement price, some shareholders argue that it represents a 30% discount against Great Eastern's embedded value. OCBC, which already owns over 88% of Great Eastern, is seeking to delist the stock. The minority shareholders are requesting a fair exit offer if OCBC has no other options. [Extracted from the article]
- نبذة مختصرة :
Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
No Comments.