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Cromwell lobs $3b bid for Investa Office Fund

People & Companies / Latest News

Australia

Apr 05 2017

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Carolyn Cummins, The Sydney Morning Herald

Cromwell Corporation has ended months of speculation by making an after-market close unsolicited, indicative, non-binding proposal for Investa Office Fund, valuing it about $3 billion.

It comes as the Investa Listed Funds Management Limited independent directors are also in negotiations to acquire a 50 per cent stake in another related entity, Investa Office Management, along with the Investa Commercial Property Fund.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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