TGP was going to pay $5m for IAP's funds management business. They must be fairly disappointed that portion of the deal fell through. Considering the $5m included the co-investment stakes, as well as the fact that the funds management business was on track to generate $6.1m annual revenue (FUM $1.8B).
Did CHC give TGP a sweetheart deal at the expense of PGGM (a behemoth that probably paid little attention to anything but the properties)?
It seemed like a stretch that IAP's investment partners would be just as happy to work with TGP as IAP on these deals/developments.
TGP was going to pay $5m for IAP's funds management business....
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Last
64.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $149.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8533 | 62.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 4450 | 2 |
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| Last trade - 16.12pm 03/05/2024 (20 minute delay) ? |
| TGP (ASX) Chart |
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