Market Chatter: CapitaLand Investment Exploring Merger Options with Mapletree Investments
MT Newswires
Nov 07
CapitaLand Investment (SGX:9CI) is considering options to include its Chinese assets as part of a potential merger with Mapletree Investments, according to a report by Bloomberg on Friday.
This comes after an earlier story revealed the possibility of the two firms in discussions for a potential merger, the report added.
Temasek currently has a 54% stake in CapitaLand and 100% stake in Mapletree, the report added.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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