💨 Abstract

Singapore's competition regulator has approved the S$790.6 million takeover offer by South Korean conglomerate Hanwha Group for oil contractor Dyna-Mac. The deal was cleared on Friday. The acquisition was worth approximately $589.30 million as of Friday, with 1 US dollar equivalent to S$1.3416 Singapore dollars.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖