Hotel Tycoon Ong Beng Seng, Temasek Offer To Buy Singapore Press In Deal Valued At $2.5 Billion

Hotel Tycoon Ong Beng Seng, Temasek Offer To Buy Singapore Press In Deal Valued At $2.5 Billion

Temasek and Hotel Properties have teamed up to buy the commercial properties held by Singapore Press Holdings for about S$3.4 billion ($2.5 billion) in an all-cash bid that tops a recent offer from Keppel Corp.