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A-HTrust managers review options after takeover interest

Published Wed, Dec 23, 2015 · 09:50 PM
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Singapore

ASCENDAS Hospitality Trust managers on Wednesday said that they were reviewing their options after receiving an unsolicited expression of interest (EOI) to buy out all its stapled securities.

Checks with investment bankers and lawyers turned up no clue as to who the offerer might be.

If this pans out, it may be the third merger and acquisition (…

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