The Asian exchange giant first signalled interest in the shipping market in February
The Singapore Exchange said Thursday that
it will seek shareholder approval for the proposed acquisition
of the Baltic Exchange, marking the latest step in the Asian
giant’s proposed acquisition of the London-based
The Asian exchange said that it has agreed
with the Baltic Exchange on a proposal of £160.41 in cash
per share, representing a total consideration of £77.6
million. This offer will now be taken to shareholders of the
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.