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Terms for CMA delisting offer 'fair'

Factors in favour 'outweigh in number', says independent adviser Deutsche Bank

Published Fri, May 9, 2014 · 10:00 PM
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Singapore

THE terms in CapitaLand's delisting offer for CapitaMalls Asia (CMA) "are fair and reasonable from a financial point of view in the context of a non-change of control transaction", said the independent financial adviser for CMA.

Having considered factors for and against the offer in such context, Deutsche Bank said that factors in favour "outweigh in number".

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