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AEM's bid for CEI cements its M&A strategy to extend industry leadership

AEM non-executive chairman Loke Wai San has said that M&As are a way to bring in new technologies and integrate them with the rest of its business.

IN WHAT could end up being its largest acquisition to date, AEM Holdings' S$99.7 million buy-out bid for contract manufacturer CEI comes at an opportune time for the fast-growing company to extend its leadership in the industry.

Under the deal, AEM is offering S$1.15 for each share in CEI...

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