The news is officially out.

Source: Giphy

Frasers Logistics and Industrial Trust (SGX: BUOU) is looking to gobble up Frasers Commercial Trust (SGX: ND8U) in a S$1.54 billion deal.

Here’s what investors should know about the proposed merger.

TL;DR: A Union Of Two Frasers REITs 

Some key highlights from the proposed merger:

Frasers Logistics & Industrial Trust to pay S$1.68 per unit of Frasers Commercial Trust through cash and new units in a S$1.54 billion merger Frasers Logistics & Industrial Trust is also looking to acquire a 50% interest in Farnborough Business Park from its sponsor for around £90.1 million Upon completion of the merger and acquisition, the enlarged REIT will hold a diversified portfolio of logistics, industrial, office, business park and commercial assets Merger and acquisition improves distribution per unit and net asset value of Frasers Logistics & Industrial Trust, among other benefits What’s The Deal