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SK6U — Paragon REIT News Story

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Top shareholder Cuscaden Peak to take Paragon REIT private in $2 billion deal

Feb 11 (Reuters) - Singapore's Paragon REIT  PARA.SI 
said on Tuesday it had received a buyout offer from its top
shareholder, Cuscaden Peak, to take the company private, valuing
the real estate firm at S$2.78 billion ($2.05 billion).

($1 = 1.3557 Singapore dollars)

 (Reporting by Sherin Sunny & John Biju in Bengaluru; Editing by
Mohammed Safi Shamsi and Rashmi Aich)
 ((Sherin.Sunny@thomsonreuters.com; 
John.Biju@thomsonreuters.com;))

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