Sembcorp Industries stock slips to S$5.99 as Alinta deal nears key dates
Sembcorp Industries closed Friday at S$5.99, down 0.66%, trading between S$5.96 and S$6.03 on 4.5 million shares. The company plans to acquire Alinta Energy for A$6.5 billion in cash, with a shareholder vote set for late January. Sembcorp’s market cap stood near S$10.65 billion. The deal awaits regulatory and shareholder approval.