CIMB Bank, which is advising on the bid by Fincantieri to delist shipbuilder Vard Holding, laid out its reasons on Wednesday morning for precedent transaction and price benchmark decisions in its ...

CIMB has called Fincantieri's exit offer - priced at S$0.25 for every share that it does not already own - "not fair, but reasonable". But whether the offer stands depends on how a resolution to ...