Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) have sweetened their proposed S$4.22 billion merger by offering an all-cash option after a flurry of criticism of the original deal announced early this year. Does the merger make sense now for both MCT and MNACT unitholders?
In today's episode, we talk about the new proposed deal and what it means for the respective unitholders of both REITs.