APD
Click for more information
0.00% 89.5¢ apn property group

News: APD APN Property Says Dexus Unit To Buy Co For About $320 Mln

  1. Hot News
    189,679 Posts.
    lightbulb Created with Sketch. 2783
    clock Created with Sketch.
    11/05/21
    10:55
    Post #: 53087729

    May 11 (Reuters) - APN Property Group Ltd (APD) :

    • RECOMMENDED ACQUISITION OF APN PROPERTY GROUP BY DEXUS
    • DEXUS UNIT TO BUY 100% OF APN STAPLED SECURITIES FOR CASH CONSIDERATION OF 91.5 CENTS PER STAPLED SECURITY
    • SCHEMES VALUE APN'S ISSUED SECURITIES AT APPROXIMATELY $320 MILLION
    • IN ABSENCE OF A SUPERIOR PROPOSAL,DIRECTORS OF APN AND APN RE UNANIMOUSLY RECOMMEND THAT SECURITYHOLDERS VOTE IN FAVOUR OF SCHEMES
    • DEED ALSO DETAILS CIRCUMSTANCES UNDER WHICH APN MAY BE REQUIRED TO PAY DEXUS A BREAK FEE OF $3 MILLION
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

WAF West African Resources draws final US$100M from Sprott-backed loan for gold plant
right-arrow Created with Sketch.
JGH Jade's strong gas exploration results another step towards Mongolian development
right-arrow Created with Sketch.
GWR Scoping study and Phase 2 drilling progress Prospect Ridge magnesium play for GWR
right-arrow Created with Sketch.
BOT US FDA approves Botanix Pharma's excessive underarm sweat drug
right-arrow Created with Sketch.
AML Cultural heritage agreement puts Walford Creek exploration back on the map
right-arrow Created with Sketch.
TLG Talga to form joint venture with lithium producer SQM to develop Sweden's Aero project
right-arrow Created with Sketch.
watchlist Created with Sketch. Add APD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.