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Accordia Golf Trust: Accordia Golf To Acquire Accordia Golf Trust's 88 Golf Courses In Japan For S$804.1 Million.

29 Jun 2020 11:22

Follows a wide market testing process involving solicitation of competing proposals by the Joint Financial Advisors, on behalf of AGT's Independent Committee. Purchase Consideration of JPY 61,800 million (S$804.1 million) translates to an implied purchase consideration of S$0.732 per unit of AGT. Purchase Consideration represents a premium of between 3.9% and 18.7% to the Indicative TK Interests Valuation Range. Opportunity for AGT unitholders to receive cash distribution from the proceeds...

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Source: ShareInvestor Express