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PRIVATE equity fund Blackstone's proposed acquisition of Japanese retail mall owner Croesus Retail Trust (CRT) has been approved by unitholders, CRT said.
As a result, the last trading day of the units is expected to be Oct 5, and the units are expected to be delisted on Oct 24.
The acquisition by way of a trust scheme is at S$1.17 in cash per unit.
CRT last traded at S$1.165 as at 1.13pm.