IAP irongate group
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News: IAP Irongate Group Gets Non-Binding, Indicative Proposal From A Charter Hall Managed...

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    31/01/22
    12:10
    Post #: 59239763

    Jan 31 (Reuters) - Charter Hall Group (CHC) :

    • GOT NON-BINDING, INDICATIVE PROPOSAL FROM A CHARTER HALL MANAGED PARTNERSHIP COMPRISED OF DUTCH PENSION FUND PGGM AND CHARTER HALL
    • INDICATIVE PROPOSAL INCLUDES A MEMORANDUM OF UNDERSTANDING WITH IAP'S LARGEST SECURITYHOLDER, 360 CAPITAL
    • PROPOSAL TO ACQUIRE ALL OF STAPLED SECURITIES IN IAP FOR A$1.90 CASH PER IAP STAPLED SECURITY
    • IAP BOARD IS CONSIDERING INDICATIVE PROPOSAL WITH ASSISTANCE OF ITS ADVISERS
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