CapitaLand Investment, Mapletree Investments exploring merger, WSJ says
SINGAPORE – Mapletree Investments and Singapore-listed CapitaLand Investment (CLI) are exploring a merger, the Wall Street Journal reported on Nov 3, citing unidentified sources.
The report says the plans are in the very initial stages and a deal may or may not materialise.
A merger could create one of Asia-Pacific’s top property companies with more than US$150 billion (S$195 billion) in assets under management.
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