Silverlake Axis Shares Targeted in UOB’s Strategic Acquisition
Company Announcements

Silverlake Axis Shares Targeted in UOB’s Strategic Acquisition

Silverlake Axis (SG:5CP) has released an update.

United Overseas Bank Limited, on behalf of E2I Ltd., has made a voluntary unconditional offer to acquire all ordinary shares of Silverlake Axis Ltd., excluding those already held or agreed to be acquired by the Offeror. The offer consideration is final, with the closing date extended to October 21, 2024. This move is seen as part of a strategic bid to consolidate shares and strengthen market presence.

For further insights into SG:5CP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskSilverlake Axis Share Acquisition Offer by UOB
TipRanks Singapore Auto-Generated NewsdeskSilverlake Axis Hosts Annual General Meeting in Singapore
TipRanks Singapore Auto-Generated NewsdeskSilverlake Axis Shifts to Half-Yearly Financial Reporting
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