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CitySpring and Keppel trusts merging to form S$2b entity

Proposed share swap deal will be followed by equity fund raising to acquire majority stake in Keppel Merlimau Cogen

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Keppel Infrastructure Trust (KIT) and CitySpring Infrastructure Trust are poised to create the largest Singapore infrastructure-focused business trust listed on the Singapore Exchange, following the combination of the two trusts, and the acquisition of a stake in Keppel Merlimau Cogen.

Singapore

KEPPEL Infrastructure Trust (KIT) and CitySpring Infrastructure Trust are poised to create the largest Singapore infrastructure-focused business trust listed on the Singapore Exchange, following the combination of the two trusts, and the acquisition of a stake in Keppel Merlimau

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