Singapore-listed Sinarmas Land gets $986 million takeover offer from Widjaja family

Reuters

03/27

March 27 (Reuters) - An entity controlled by Indonesia's Widjaja family said on Thursday it had offered to buy Singapore-listed Sinarmas Land SINA.SI, valuing the property firm at S$1.32 billion ($986.3 million).

($1 = 1.3384 Singapore dollars)

(Reporting by Aaditya Govind Rao in Bengaluru; Editing by Mrigank Dhaniwala)

((Aaditya.GovindRao@thomsonreuters.com;))

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