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HomeSingapore's Sembmarine to buyout Keppel Corp's O&M unit in revised $3.2 bln deal

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Singapore's Sembmarine to buyout Keppel Corp's O&M unit in revised $3.2 bln deal

Thursday 27th October 2022

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Singapore oil rig builder Sembcorp Marine (Sembmarine) (SCMN.SI) said on Thursday a reworked agreement with conglomerate Keppel Corp (KPLM.SI) would result in a buyout of its offshore and marine unit for S$4.50 billion ($3.19 billion).

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Singapore's Sembmarine to buyout Keppel Corp's O&M unit in revised $3.2 bln deal

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