Keppel offers to acquire SPH, excluding media business, in S$3.4 billion deal

SINGAPORE: Singaporean conglomerate Keppel Corp said on Monday (Aug 2) it would offer to acquire and privatise Singapore Press Holdings (SPH), excluding the newspaper publisher’s media business, in a deal that values SPH at S$3.4 billion.

The deal includes S$1.2 billion worth of SPH REIT units …