Activist investor Quarz opposes terms of $4.2b Mapletree Reits merger

February 10, 2022 1:09 PM

SINGAPORE (REUTERS) – Activist investor Quarz Capital Management said it is opposed to the terms of a proposed $4.2 billion merger of two Temasek-linked Singapore real estate investment trusts (Reits), saying the target firm was significantly undervalued.

Source : https://www.straitstimes.com/business/companies-markets/activist-investor-quarz-opposes-terms-of-42b-mapletree-reits-merger