PTZIF - My Dream Is Being Sold To Private Equity At An OK Price

On September, 15th Dream Global (OTC:DUNDF) announced having entered an acquisition agreement with Blackstone. The proposed transaction would result in Dream Global’s unitholders receiving C$16.79 per unit in cash and Blackstone owning the whole of Dream Global and its external asset management agreement (AMA).

Transaction details

The all-cash acquisition of Dream Global is valued at C$6.2 billion and would offer a 9.1% premium to Dream Global's June 30, 2019 EPRA NAV on a fully diluted basis per the press release without showing the calculation. Dream Global's outstanding investor relations have helped me to