SINGAPORE: StarHub and Keppel confirmed on Wednesday (Sep 23) that they are in talks over a potential deal involving telecommunications company M1, months after a proposed acquisition of M1 by rival Simba fell through.
In separate bourse filings, both companies said discussions were ongoing, but added there was no certainty that any transaction will materialise.
StarHub said it was in discussions with Keppel “regarding a possible transaction in relation to M1 Limited”.
“There is no certainty or assurance whatsoever that these discussions will progress beyond the current stage or that any transaction in respect of M1 Limited will arise,” it added.
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