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.
Case details
- Notification date:7 February 2020
- Publication date:7 February 2020
- Economic sector:Financial and insurance services - L
- Economic sub-sector:Financial services (non-insurance) - L.64
- Outcome:Cleared
Documents
M.20.002 Merger AnnouncementPDF | 426 KBM.20.002 Merger Announcement PDF | 426 KB - Opens in new window
M.20.002 DeterminationPDF | 416 KBM.20.002 Determination PDF | 416 KB - Opens in new window
Timetable
Parties Involved
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.
Contacts
Harry Costello harrycostello@ccpc.ie
