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[JUST IN] Cuscaden raises SPH bid to S$2.36 all cash, or S$2.40 in cash and SPH Reit units
Independent directors of SPH, which publishes The Business Times, have preliminarily recommended that shareholders vote against the Keppel scheme and vote in favour of the Cuscaden scheme, subject to the independent financial adviser’s opinion and the absence of a superior competing offer.
