LPNEWS
March 30, 2021 10:20 AMThis is up from its previous offer of US$76 a share. : SINGAPORE (THE BUSINESS TIMES) - Singapore Technologies Engineering (ST Engineering) has proposed to acquire all of New York-listed Cubic Corporation's outstanding stock for US$78 per share in cash, up from its previous offer of US$76 a share. In a bourse filing on Tuesday morning (March 30), the group announced that it delivered the revised proposal to Cubic's board. No definitive terms or agreements have been agreed upon or executed, said ST Engineering.

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