Aevum has declared Stocklands bid of $1.80 per share not fair but reasonable and has recommended short to medium term shareholder acceptance of the $268 million takeover offer. But in their statement to the ASX, Aevums board declared that no Director had decided to accept Stocklands offer, their reluctance towards the takeover loud and clear.


VCAT rules Lifestyle Communities’ DMF model illegal
Lifestyle Communities’ business model is under serious threat after a ruling by VCAT President Justice Ted Woodward found its exit fee structure to be illegal. The ASX-listed land lease operator, which was valued at $861.9 million and placed in...
