Dec 23 (Reuters) - Aspen Group Ltd (APZ) :
- Entered into a conditional agreement with discovery bidder
- Deal in relation to the discovery parks takeover offer for Aspen Parks Property Fund
- Says Aspen Group has subsequently accepted the discovery takeover offer in respect of 32% of APPF
- Pro-forma nav per security would increase to $1.42, from $1.25 as at 30 September 2015
- Under deal Aspen Group will accept the discovery takeover offer for all the appf securities it holds at the offer price of $0.63 per appf security
- Aspen Group will realise a net total of $65.8 million in cash for its total holding in APPF and its APPF management arrangements
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Mkt cap ! $984.6M |
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