国际股市

【319股市】 Genting Singapore jumps as firm said to draw M&A interest

大象配资官方网站 – 319th[.]com

(July 15): Shares in Genting Singapore Ltd rose as much as 8%, the most since November 2020, after people with knowledge of the matter said the casino operator is attracting takeover interest from potential suitors.

Friday’s (July 15) price action triggered a trading query from the Singapore Exchange.

US rival MGM Resorts International recently approached the firm’s controlling shareholder, the billionaire Lim family, to express its interest in a deal, the people said.

While those discussions didn’t lead to an agreement, other potential suitors were also in the preliminary stages of studying Genting Singapore, they added.

The stock climbed to an intraday high of 81 Singapore cents (about RM2.57).

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