IAP 0.00% $1.90 irongate group

News: IAP 360 Capital Says 360 Capital FM And Charter Hall Group Have Entered Into Memorandum Of...

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    Jan 31 (Reuters) - 360 Capital:

    • 360 CAPITAL FM AND CHARTER HALL GROUP HAVE ENTERED INTO A MEMORANDUM OF UNDERSTANDING
    • TO ACQUIRE IRONGATE FUNDS MANAGEMENT BUSINESS FOR A$5.0 MILLION & ALL OF CO-INVESTMENT STAKES IN MANAGED FUNDS FOR A$22.5 MILLION
    • TO PURCHASE A PORTFOLIO OF 3 MODERN OFFICE BUILDINGS IN IAP TOTALLING APPROXIMATELY A$254.0 MILLION
    • TO ACQUIRE 50% SHARE IN 100 WILLIS STREET, WELLINGTON NZ FOR A$82.0 MILLION
    • CHARTER HALL TO ACQUIRE ALL IRONGATE STAPLED SECURITIES FOR AN ALL-CASH CONSIDERATION OF A$1.90 PER IAP STAPLED SECURITY
 
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