CapitaMalls Asia: A Buyout Offer from CapitaLand

Case Solution

Ruth S.K. Tan, Zsuzsa R. Huszar, Weina Zhang, Shao Yu Hong
Ivey Publishing ()

On April 14, 2014, CapitaLand Limited, a Singapore-based real estate company, made a voluntary conditional cash offer of SG $ 2.22 for each share (SG $ 3.06 billion in total) of its subsidiary CapitaMalls Asia. Limited (CMA) to develop and manage started by commercial real estate. CMA’s main business strategy has been to invest, develop and manage a diversified real estate portfolio that is used primarily for retail purposes in Asia. CapitaLand’s offering represented a 22.3 percent premium over CMA’s closing price of SG $ 1,815 on April 11, 2014. The intention was to take CMA off the stock exchange and fully integrate it into CapitaLand. As an investor in CMA, you will seek a fair valuation of CMA based on its past financial performance and other relevant market information. You must also calculate the premium, the net present value (NPV), and the acquisition synergy.

We don‘t have the case solution, but we pay up to $50 for yours!

  • Set a reminder to receive an email after your university‘s case study deadline.
  • Upload your case study solution. We will review it for quality.
  • Get your money via PayPal or to your bank account.