Hotel Property Investments Ltd. (AU:HPI) has released an update.
Charter Hall Wholesale Management Limited is making an off-market takeover bid to acquire all the stapled securities of Hotel Property Investments (HPI), as per the latest lodgment to the Australian Securities and Investments Commission. The offer made to HPI security holders is valued at $3.65 per stapled security, and recipients of this offer are urged to consult with their professional advisers for guidance. A replacement bidder’s statement with detailed changes has been provided, emphasizing the importance of the document for HPI investors.
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