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Merging Keppel's O&M unit with Sembmarine a win-win solution
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The potential combination between Keppel Corp and Sembcorp Marine is a deal that has to happen, and portends a win-win deal for both companies and their long-suffering shareholders.
PHOTOS: KEPPEL CORP, SEMBCORP MARINE
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SINGAPORE - Thursday's (June 24) announcement that Keppel Corp and Sembcorp Marine are looking to merge their offshore and marine (O&M) businesses to create a single Singapore-based global energy player is probably the biggest non-surprise to hit the market this year.
This new entity will be listed on the Singapore Exchange.
