CMT, CCT sweeten merger deal for unitholders

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CAPITALAND Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) on Friday announced deal sweeteners for their proposed merger, such as higher accretion to their respective distribution per unit (DPU), and the decision of CMT's manager to completely waive the acquisition fee of S$111.2 million. Read more at The Business Times.

Kevin Chee, CEO of CCT's manager, and Tony Tan, CEO of CMT's manager, at a briefing on Friday. CMT's manager will completely waive the acquisition fee of S$111.2 million.

CAPITALAND Mall Trust and CapitaLand Commercial Trust on Friday announced deal sweeteners for their proposed merger, such as higher accretion to their respective distribution per unit , and the decision of CMT's manager to completely waive the acquisition fee of...

 

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