Shares & Derivatives
Keppel is the winner from the merger with Sembcorp Marine. Here’s why
By Invest and grow with Beansprout  •  May 14, 2022

TL;DR

After years of speculation about a merger, Sembcorp Marine will combine with Keppel’s Offshore and Marine business to build a global player in offshore renewables and new energy. Keppel appears to be the clear winner from the transaction, as it will book a sizeable gain from injecting its offshore & marine business into the combined entity. There is less to cheer for Sembcorp Marine as the company will be contributing the bulk of assets to the combined entity but shareholders will be receiving fewer shares in return. If you are looking for other companies that will benefit from the shift towards renewables, Sembcorp Industries is also worth a look!

What happened?

The big news in the Singapore market recently, is the announced merger between Keppel Offshore and Marine and Sembcorp Marine. This is not a...
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By Invest and grow with Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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