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新加坡华侨银行计划斥资近10亿美元将大东方控股私有化

OCBC Bank of Singapore plans to spend nearly $1 billion to privatize Grand Oriental Holdings

Breakings ·  May 10 09:53
OCBC Bank of Singapore issued a statement on May 10 announcing that it has made a voluntary and unconditional comprehensive offer. It plans to spend 1.4 billion Singapore dollars (about 1 billion US dollars) to acquire Grand Oriental Holdings and delist Great Oriental after completing the acquisition. OCBC currently holds 88.44% of Dadongfang's shares and will acquire the remaining 11.56% of the shares at a price of SGD 25.6 per share. OCBC stated in a statement that the acquisition of Big Oriental is aimed at strengthening banking, wealth management and insurance businesses, while also hoping to increase shareholder returns.

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