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M1 shareholder Keppel launches buy-out offer

2018-09-27 15:34:00| Telecompaper Headlines

(Telecompaper) Singapore operator M1 has received a buy-out offer from two of its main shareholders, Keppel and Singapore Press Holdings. They are offering SGD 2.06 cash per share, equal to a premium of 30 percent on the weighted average price in the past month and 7.6x the company's EBITDA. 

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