Aevum reluctantly accepts Stockland takeover

Sep 23 2010 Updated July 4, 2023

The Weekly Source

1 min read

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.

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