Keppel launches major revamp, review of offshore and marine business

SINGAPORE: Singaporean conglomerate Keppel Corp said on Tuesday it had identified assets worth S$17.5 billion that could potentially be monetised, including through sales, and started a review of its lossmaking offshore and marine business.

Analysts have long hoped for a consolidation in the rig-building sector through a deal between Keppel's O&M business and smaller rival Sembcorp Marine. Anticipation of a deal strengthened in June, when Temasek backed a S$2.1 billion rights issue by Sembcorp Marine.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Keppel Corp plans to sell between $3b-$5b of assets in next three years, review O&M businessSINGAPORE - Keppel Corp is looking to sell about $3 billion to $5 billion of assets over the next three years and redeploy the funds to seize new opportunities and improve returns.. Read more at straitstimes.com.
Herkunft: The Straits Times - 🏆 8. / 63 Weiterlesen »

Keppel Corp plans to sell between $3b-$5b of assets in next three years, review O&M businessSINGAPORE - Keppel Corp is looking to sell about $3 billion to $5 billion of assets over the next three years and redeploy the funds to seize new opportunities and improve returns.. Read more at straitstimes.com.
Herkunft: The Straits Times - 🏆 8. / 63 Weiterlesen »

Fugitive Carlos Ghosn, former Nissan and Renault chief, launches business programme at Lebanese universityBEIRUT (REUTERS) - Carlos Ghosn, the former Nissan and Renault head who fled Japan where he was facing trial, is launching a university management and business programme in Lebanon, a nation mired in a deep crisis blamed on years of misrule, mismanagement and corruption.. Read more at straitstimes.com. LimGoHome How to be an international fugitive - course title😷
Herkunft: The Straits Times - 🏆 8. / 63 Weiterlesen »