June 6 (Reuters) - Australian diversified landlord and property developer Mirvac Group (MGR) on Wednesday said it has used its pre-emptive right to buy a 50 percent stake in a Sydney property from a fund managed by Blackstone Group LP BX.N .
The impact of the deal, which was for a base consideration of A$721.9 million ($552.47 million), will be assessed as part of the firm's revaluation process for its June 30, 2018 financial accounts, Mirvac said in a statement.
($1 = 1.3067 Australian dollars)
News: MGR Australia's Mirvac buys 50 pct stake in Sydney property from Blackstone fund
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Last
$2.37 |
Change
0.040(1.72%) |
Mkt cap ! $9.351B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.38 | $2.34 | $31.18M | 13.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 103388 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 59134 | 7 |
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| Last trade - 16.14pm 12/09/2025 (20 minute delay) ? |
| MGR (ASX) Chart |