Market View Minutes with Michelle: Yay or nay — what will unitholders of ARA Logos and ESR Reit decide with this massive merger?
Jan 18, 2022
02:36
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Unitholders of ESR-Reit and Ara Logos Logistics Trust will soon need to make a decision on the merger of the 2 real estate investment trusts (Reits).The proposed S$1.4 billion merger will be effected by way of a trust scheme of arrangement and will see ESR-Reit acquiring all of ALog Trust's units in exchange for a combination of cash and new units. What will they decide at their EGM on January 27?