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CCT-CMT deal: Jury is out on whether sum of parts is better

The Business Times

THE chiefs of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) have called the proposed union a "merger of equals", touting benefits of the combined entity such as lower cost of capital, better portfolio resilience with asset class diversification, cost synergies, and better growth opportunities with a larger pool of assets in the acquisition pipeline.