News: APZ Aspen enters agreement with Discovery bidder in relation to Discovery Parks offer for...

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    Dec 23 (Reuters) - Aspen Group Ltd (APZ) :

    • Entered into a conditional agreement with discovery bidder
    • Deal in relation to the discovery parks takeover offer for Aspen Parks Property Fund
    • Says Aspen Group has subsequently accepted the discovery takeover offer in respect of 32% of APPF
    • Pro-forma nav per security would increase to $1.42, from $1.25 as at 30 September 2015
    • Under deal Aspen Group will accept the discovery takeover offer for all the appf securities it holds at the offer price of $0.63 per appf security
    • Aspen Group will realise a net total of $65.8 million in cash for its total holding in APPF and its APPF management arrangements
                            
 
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(20min delay)
Last
$4.37
Change
-0.030(0.68%)
Mkt cap ! $994.8M
Open High Low Value Volume
$4.40 $4.45 $4.36 $2.703M 615.5K

Buyers (Bids)

No. Vol. Price($)
1 6863 $4.33
 

Sellers (Offers)

Price($) Vol. No.
$4.38 1356 1
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