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BRIEF-Keppel Corporation Updates On Merger Agreement Between Floatel International & Prosafe SE

Reuters SG

Oct 30 (Reuters) - Keppel Corporation Ltd:

* UPDATES ON MERGER AGREEMENT BETWEEN FLOATEL INTERNATIONAL LTD AND PROSAFE SE

* COMPETITION AUTHORITIES IN NORWAY HAS ON 28 OCT REJECTED APPLICATION OF FLOATEL AND PROSAFE REGARDING PROPOSED MERGER

* FLOATEL AND PROSAFE ARE CURRENTLY ASSESSING WHETHER TO APPEAL AGAINST DECISION

* TRANSACTION NOT EXPECTED TO HAVE MATERIAL IMPACT ON EPS OF CO FOR CURRENT FINANCIAL YEAR Source text for Eikon: Further company coverage: