Keppel unit divests stake in Keppel Smit Towage, Maju Maritime for $133 million

November 15, 2021 12:03 PM

SINGAPORE (THE BUSINESS TIMES) – KS Investments, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), is divesting its entire 51 per cent stake in each of Keppel Smit Towage and Maju Maritime, for an aggregate cash consideration of $133 million.

Source : http://www.straitstimes.com/business/companies-markets/keppel-unit-divests-stake-in-keppel-smit-towage-maju-maritime-for-133