---
title: "Silverlake Axis Shares Targeted in UOB’s Strategic Acquisition"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216985876.md"
description: "Silverlake Axis (SG:5CP) has released an update. United Overseas Bank Limited, on behalf of E2I Ltd., has made a voluntary unconditional offer to acquire all ordinary shares of Silverlake Axis Ltd., excluding those already held or agreed to be acquired by the Offeror. The offer consideration is final, with the closing date extended to October 21, 2024. This move is seen as part of a strategic bid to consolidate shares and strengthen market presence. For further insights into SG:5CP stock, check out TipRanks’ Stock Analysis page."
datetime: "2024-10-16T11:42:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216985876.md)
  - [en](https://longbridge.com/en/news/216985876.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216985876.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216985876.md) | [繁體中文](https://longbridge.com/zh-HK/news/216985876.md)


# Silverlake Axis Shares Targeted in UOB’s Strategic Acquisition

Silverlake Axis (**SG:5CP**) has released an update.

United Overseas Bank Limited, on behalf of E2I Ltd., has made a voluntary unconditional offer to acquire all ordinary shares of Silverlake Axis Ltd., excluding those already held or agreed to be acquired by the Offeror. The offer consideration is final, with the closing date extended to October 21, 2024. This move is seen as part of a strategic bid to consolidate shares and strengthen market presence.

For further insights into SG:5CP stock, check out TipRanks’ Stock Analysis page.

### Related Stocks

- [Silverlake Axis Ltd. (5CP.SG)](https://longbridge.com/en/quote/5CP.SG.md)
- [United Overseas Bank Limited (U11.SG)](https://longbridge.com/en/quote/U11.SG.md)
- [United Overseas Bank Limited (UOVEY.US)](https://longbridge.com/en/quote/UOVEY.US.md)

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