Bidding for Singapore Press Holdings Heats Up as Cuscaden Raises Offer
Bidding for Singapore Press Holdings Heats Up as Cuscaden Raises Offer
By P.R. Venkat
作者：P.R.Venkat
A consortium backed by Singapore state investment company Temasek Holdings has sweetened its offer for Singapore Press Holdings Ltd., valuing the company at 3.9 billion Singapore dollars (US$2.88 billion) and rivaling a bid by another conglomerate.
新加坡國有投資公司淡馬錫控股(Temasek Holdings)支持的一個財團提高了對新加坡報業控股有限公司(Singapore Press Holdings Ltd.)的報價，對該公司的估值為39億新加坡元(合28.8億美元)，與另一家企業集團的出價不相上下。
Cuscaden Peak, a consortium of companies affiliated with Temasek, Hotel Properties Ltd. and Mapletree Investments Pte. Ltd., has now offered to pay S$2.400 for each SPH share, 14.3% higher than its original offer of S$2.10 a share, SPH said Monday.
Cuscaden Peak是由淡馬錫(Temasek)、酒店地產有限公司(Hotel Properties Ltd.)和豐樹投資有限公司(Mapletree Investments Pte)下屬公司組成的財團。世邦魏理仕週一説，該公司現在出價每股2.400新元，比最初每股2.1新元的出價高出14.3%。
The offer comes after Keppel Corp. made its own revised offer of S$2.351 a share last week.
在此之前，吉寶公司(Keppel Corp.)上週提出了修改後的每股2.351新元的報價。
Cuscaden's offer comprises a total consideration of S$2.4001 a share, consisting of S$1.602 of cash per share and 0.782 SPH REIT units valued at S$0.798 a share, SPH said. The offer also includes an all-cash offer of S$2.360 per SPH share.
世邦魏理仕表示，Cuscaden的報價包括每股2.4001新元的總對價，其中包括每股1.602新元的現金和0.782個特殊目的房地產投資信託基金單位，每股價值0.798新元。收購要約還包括每股2.360新元的全現金收購要約。
The bid made by Keppel, which has business interests spanning from rig building and properties to infrastructure, is a combination of cash and Keppel REIT units.
吉寶提出的競購是現金和吉寶房地產投資信託基金(Keppel REIT)部門的組合。吉寶的商業利益涵蓋從鑽井平臺建造和房地產到基礎設施的各個領域。
SPH, which plans to hold a shareholders meeting on Dec. 8 to vote for the Keppel deal, said that "Cuscaden's offer can only proceed if SPH shareholders vote against the Keppel Scheme at the Keppel Scheme Meeting."
SPH計劃在12月8日召開股東大會投票支持吉寶交易，該公司表示，“只有在SPH股東在吉寶計劃會議上投票反對吉寶計劃的情況下，Cuscaden的收購才能繼續進行.”
SPH has properties in Singapore and has made a foray into the student-accommodation market. SPH has student accommodation assets in 18 cities across the U.K. and Germany.
SPH在新加坡擁有房產，並已進軍學生住宿市場。SPH在英國和德國的18個城市擁有學生住宿資產。
SPH on Monday requested a trading halt on the Singapore Exchange.
SPH週一要求新加坡交易所(Singapore Exchange)停牌。
Write to P.R. Venkat at venkat.pr@wsj.com
寫信給P.R.Venkat：venkat.pr@wsj.com
譯文內容由第三人軟體翻譯。