IIF
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0.00% 53.5¢ ing industrial fund

iif takeover rumours

  1. yuyu
    2,133 Posts.
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    07/08/09
    20:55
    Post #: 5483189
    this may explain the recent run of IIF

    ....There is a rumour however that Goodman could also use the funds to acquire the ING Industrial Fund on the cheap. Goodman is IIF's second biggest shareholder and according to a Goldman Sachs JBWere analyst report a takeover could be made in conjunction with CIC. ANZ Banking Group is also thought to be running the ruler over IIF and ING's other listed property trusts.....
    IIF Price at posting: 31.1¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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