M/20/002 – Kyanite/Keppel
Transaction details
The proposed transaction whereby Kyanite Investment Holdings Pte. Ltd. would acquire sole control of Keppel Corporation Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday February 7, 2020 | Wednesday, February 26, 2020 |
| Parties Involved | Business activities |
|---|---|
| Kyanite Investment Holdings Pte. Ltd. | Kyanite Investment Holdings Pte. Limited is an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited which is in turn owned by the Government of Singapore. Temasek owns a portfolio of investments, mainly in Singapore and Asia. Temasek has a controlling interest in a number of companies active in the State. |
| Keppel Corporation Limited | Keppel Corporation Limited is a Singaporean company with four main business divisions: Infrastructure, Investments, Offshore and Marine, and Property. Keppel owns two data centres in the State. |
| Economic sector | Media merger |
|---|---|
| Information and Communications | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, February 20, 2020 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Harry Costello | T: +353 1 402 5512 |
Media enquiries: communications@ccpc.ie
