Temasek-Backed Cuscaden To Delist Singapore’s Paragon In Deal Valuing Shopping Mall REIT At $2.1 Billion
Cuscaden Peak Investments—backed by Singapore state-linked investor Temasek Holdings—is seeking to take Paragon REIT private ...
Minority unit holders to decide on Cuscaden Peak’s Paragon Reit buyout offer
Cuscaden and its subsidiaries, which hold 61.5% share, will abstain from voting. Read more at straitstimes.com.
Singapore's Paragon REIT gets buyout offer valuing it at $2 billion
Singapore's Paragon REIT said on Tuesday that it had received a privatisation offer from its top shareholder Cuscaden Peak, valuing the real estate firm at S$2.78 billion ($2.05 billion).
Reuters on MSN10d
Singapore's Paragon REIT gets buyout offer valuing it at US$2bil
given Paragon REIT's portfolio heavily relies on Paragon, a 30-year-old shopping mall in the city's Orchard Road shopping ...