July 18 (Reuters) - Dexus (DXS) :
- NOTES ANNOUNCEMENT BY AMP THAT AMP CAPITAL WHOLESALE OFFICE FUND UNITHOLDERS VOTED IN FAVOUR OF CHANGE OF TRUSTEE
- EARN OUT AMOUNT PAYABLE UNDER SPA WILL REDUCE TO MAXIMUM OF APPROXIMATELY A$75 MILLION
- WILL NO LONGER ACQUIRE COLLIMATE'S COMMITTED CO-INVESTMENT STAKES IN AWOF TOTALLING CIRCA A$270 MILLION
- STRUCTURE AND PRICING OF SALE AND PURCHASE AGREEMENT WERE AGREED HAVING REGARD TO FINAL AUM THAT WILL BE TRANSITIONED TO DEXUS
- MAXIMUM POTENTIAL AUM THAT WILL TRANSITION ACROSS TO DEXUS IS NOW A$20.2 BILLION
- EARN OUT AMOUNT PAYABLE UNDER SPA TAKEN TO MAXIMUM POTENTIAL PRICE TO ABOUT A$325 MILLION INCLUDING A$250 MILLION UPFRONT CASH PAYMENT
- DEXUS EXPECTS TRANSACTION TO COMPLETE DURING SECOND HALF OF CY22
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Last
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