Singapore's Great Eastern asks shareholders to accept OCBC's $1 bln offer

Great Eastern Holdings

14/06/2024 13:39

June 14 (Reuters) - Singapore's Great Eastern Holdings
 GELA.SI  on Friday asked its shareholders to accept a S$1.4
billion ($1.03 billion) offer from Oversea-Chinese Banking Corp
 OCBC.SI  to buy the remaining stake in the insurer and take it
private.

($1 = 1.3537 Singapore dollars)

 (Reporting by Himanshi Akhand in Bengaluru; Editing by Anil
D'Silva)
 ((Himanshi.Akhand@thomsonreuters.com;))