Over the past 10 days two directors of FKP have also bought shares in the company, indicating an expectation of an increased price. Peter Brown bought 100,618 shares at $1.00 each in his own name, taking his total holding in FKP to 789,440 shares. James Frayne purchased 10,000 shares for he and his wifes superannuation fund at a cost of approximately $10,000. As of 5 November the shares were trading at $1.30, or 30% higher already.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
