CCT: Merger with CMT is between two equals, not a takeover

📆 21/09/2020 3:39:00
📰 BusinessTimes

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 51%

España Noticias Noticias

España Últimas Noticias,España Titulares

CAPITALAND Commercial Trust (CCT) unitholders have had gripes about the terms of its proposed merger with CapitaLand Mall Trust (CMT), but the CEO of its manager Kevin Chee says that all these factors have to be looked at from the perspective this is 'a strategic merger of equals . . . not a case of one party buying out the other party like in a takeover'. Read more at The Business Times.

In an interview at Capital Tower, where the show gallery for its upcoming development CapitaSpring is located, Mr Chee notes that as the deal involves two sets of unitholders, it has to be fair to both sides.

CAPITALAND Commercial Trust unitholders have had gripes about the terms of its proposed merger with CapitaLand Mall Trust , but the CEO of its manager Kevin Chee says that all these factors have to be looked at from the perspective this is"a strategic merger of equals . . . not a...

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

UBS chairman revives mega-merger vision with deal wish list[LONDON] UBS Group chairman Axel Weber is reviving a decade-long push for a mega-merger to create a European banking behemoth that can compete with US rivals. Read more at The Business Times.
Fuente: BusinessTimes - 🏆 15. / 51 Leer más »