Charter Hall Retail REIT (AU:CQR) has released an update.
Charter Hall Wholesale Management Limited, in its role as trustee for the CH Investment Trusts, has lodged a replacement bidder’s statement for an off-market takeover offer to acquire all stapled securities of Hotel Property Investments (ASX: HPI). The updated statement offers $3.65 cash per HPI stapled security, urging shareholders to accept the cash offer promptly. The document details are available for HPI shareholders, who are advised to seek professional counsel if needed.
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