VLW villa world limited.
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May 2 (Reuters) - Australian property developer Villa World...

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    02/05/19
    09:30
    Post #: 38367493

    May 2 (Reuters) - Australian property developer Villa World (VLW) on Thursday received a sweetened takeover offer from AVID Property Group Australia Pty, which now values the company at A$293.5 million($205.95 million).

    AVID bumped up the offer to A$2.345 for each Villa World share from A$2.23 a share offered mid-March.

    Villa World said in a statement its directors intend to vote in favor of the revised proposal.

    ($1 = 1.4251 Australian dollars)

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