Stockland achieves majority stake in Aevum

Published on

Stockland has announced that it now holds a 60.52 % majority stake in Aevum. Stockland’s cash offer for Aevum shares has now been extended until 13 October 2010. Stockland Managing Director, Matthew Quinn said the consolidation of the two businesses would almost double the size of Stockland’s Retirement Living Business.

Share.