CMW cromwell property group

News: CMW Australia's Cromwell Property confirms approach to RDI Reit

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    March 27 (Reuters) - Australia-based global real estate investment manager Cromwell Property Group (CMW) confirmed on Wednesday it has approached London-listed RDI Reit PLC RDI.L about a possible takeover offer as part of its efforts to expand in the UK and Europe.

    The Brisbane-based firm said it noted recent media speculation about RDI, and said discussions between the parties were ongoing.

    Over half of Cromwell's A$11.5 billion ($8.2 billion) of assets under management as at December 31, 2018 was concentrated in Europe, the company said in a statement.

    ($1 = 1.4011 Australian dollars)

 
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(20min delay)
Last
44.0¢
Change
-0.010(2.22%)
Mkt cap ! $1.158B
Open High Low Value Volume
44.5¢ 45.0¢ 43.0¢ $851.3K 1.937M

Buyers (Bids)

No. Vol. Price($)
2 104250 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 377500 4
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