Dexus Secures Injunction to Protect Shareholder Interests in APAC Dispute

Dexus ( (AU:DXS) ) has shared an announcement.

Dexus has filed proceedings in the New South Wales Supreme Court to contest a notice from the Australia Pacific Airports Corporation (APAC) Board, obtaining an injunction to protect its shareholders’ interests. This injunction temporarily restores governance and voting rights and prevents any forced sale of Dexus Bloc Shareholder interests until the court’s final ruling in August 2025, with Dexus agreeing to cover potential damages if their claim fails.

The most recent analyst rating on (AU:DXS) stock is a Buy with a A$8.63 price target. To see the full list of analyst forecasts on Dexus stock, see the AU:DXS Stock Forecast page.

More about Dexus

Dexus is a leading Australasian real asset group managing a high-quality real estate and infrastructure portfolio valued at $53.4 billion. The company operates an investment portfolio and a funds management business, owning and managing assets across office, industrial, retail, healthcare, infrastructure, and alternative sectors. Dexus is committed to sustainability and has a strong track record in capital and risk management, supported by over 38,000 investors from 24 countries.

Average Trading Volume: 3,659,405

Technical Sentiment Signal: Hold

Current Market Cap: A$7.63B

See more data about DXS stock on TipRanks’ Stock Analysis page.