June 8 (Reuters) - Australia's Atlas Arteria (ALX) said on Wednesday Melbourne-based fund manager IFM Global Infrastructure Fund has acquired a 15% stake in the issued securities of the infrastructure developer.
Atlas said the stake, valued at about A$1.02 billion ($737.05 million) according to closing price on Tuesday, includes securities acquired by IFM after market-close on Tuesday at a price of A$8.10 per security.
($1 = 1.3839 Australian dollars)
News: ALX Fund manager IFM buys 15% stake in Australia's Atlas Arteria
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Last
$5.18 |
Change
0.010(0.19%) |
Mkt cap ! $7.515B | |||
| Open | High | Low | Value | Volume |
| $5.20 | $5.25 | $5.17 | $4.941M | 951.7K |
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| No. | Vol. | Price($) |
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| 5 | 4036 | $5.18 |
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| Price($) | Vol. | No. |
|---|---|---|
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| ALX (ASX) Chart |