NSL ltd. (SG:N02) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
RHB Bank Berhad, representing YTL Cement Berhad, has launched a mandatory unconditional cash offer to acquire all issued shares of NSL Ltd. not already held by them, following a sale and purchase agreement for approximately 81.24% of NSL Ltd. The acquisition is valued at S$227.6 million, with shares purchased at S$0.750 each, and will be undertaken by YTL Cement Singapore, a wholly-owned subsidiary nominated by the offeror.
For further insights into SG:N02 stock, check out TipRanks’ Stock Analysis page.