tiprankstipranks
Trending News
More News >

OCBC Stands Firm on Generous Takeover Offer

OCBC Stands Firm on Generous Takeover Offer

OCBC (SG:O39) has released an update.

Confident Investing Starts Here:

OCBC Bank has responded to queries regarding its offer for Great Eastern Holdings, maintaining the offer price of S$25.60 per share, which presents a significant premium over past trading periods. Citing regulatory constraints, OCBC limited the information provided but highlighted the offer’s favorable comparisons to industry metrics and the endorsement by an independent financial adviser and Great Eastern’s Independent Directors. Shareholders are advised to consider the independent analysis in deciding on the offer.

For further insights into SG:O39 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App