I just hope the issue price is at or above current SP. That would give good support IMO. Will find out in less than 2 hours none-the-less:
Kimco Realty to Buy Shares in Valad Property, Review Says
By Stuart Kelly
Feb. 5 (Bloomberg) -- Kimco Realty Corp., a U.S. real estate investment trust, may invest A$200 million ($182 million) in Australia's Valad Property Group and market its products worldwide, the Australian Financial Review said.
Kimco may today say it bought shares in Sydney-based Valad to lessen investor concerns about debt and help Valad fund its loans, the newspaper said, citing a note to clients yesterday by Goldman Sachs JBWere Pty.
Valad, which manages A$20 billion in property assets, yesterday halted trading in its shares and said it will announce a proposal for an alliance with another company.
- Forums
- ASX - By Stock
- VPG
- kimco realty to buy shares in valad
kimco realty to buy shares in valad
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VPG (ASX) to my watchlist
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |