Cuscaden to cover $34m break fee if SPH shareholders vote down Keppel offer

Consortium confident its offer is superior and gives shareholders deal certainty

Cuscaden Peak's offer for the assets of Singapore Press Holdings (SPH) is superior, compelling and gives shareholders a higher valuation, higher cash component and deal certainty.

Also, Cuscaden Peak is prepared to cover the $34 million break fee if shareholders vote against the Keppel scheme.

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A version of this article appeared in the print edition of The Straits Times on November 26, 2021, with the headline 'Cuscaden to cover $34m break fee if SPH shareholders vote down Keppel offer'. Subscribe