In today’s briefing:
- MCT and MNACT Merger – Against Expectations, Could MCT Be a Net Beneficiary?
MCT and MNACT Merger – Against Expectations, Could MCT Be a Net Beneficiary?
- On 31 December 2021, MCT and MNACT announced a SGD4.2 billion merger transaction
- The prevailing sentiment is that MNACT unitholders get a better deal than MCT unitholders, as reflected in the share price and Moody’s review of MCT’s issuer rating for downgrade
- In this Insight, we play the the devil’s advocate and highlight how this merger results in a net benefit to MCT’s unitholders
Before it’s here, it’s on Smartkarma
