Initial thoughts on the Capitaland Ascendas-Singbridge acquisition
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Singapore investors woke up today to some pretty blockbuster business news Capitalands proposed acquisition of Ascendas-Singbridge (ASB) from Temasek Holdings to create Asias largest diversified real estate group. While I am not a shareholder of Capitaland, curiosity got me reading the announcement circular and snooping around Ascendas-Singbridges site. Heres some of my initial thoughts.
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