Singapore’s Allen & Gledhill and WongPartnership have the lead roles on the $2.6 billion privatization of city-state property developer Keppel Land Ltd.

Keppel Corp., Singapore-based infrastructure builder and parent of Keppel Land, is delisting the developer from the Singapore Exchange by offering $3.37 apiece for all outstanding shares. Keppel Corp. is acquiring the target company in order to diversify its revenue streams.

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