M/20/002 – Kyanite/Keppel
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|
T: +353 1 402 5512
Media enquiries: firstname.lastname@example.org