Stockland hits back at “fundamentally flawed” valuation

Sep 09 2010 Updated July 4, 2023

The Weekly Source

1 min read

Stockland has labelled Lonergan Edwards valuation of takeover target, Aevum as being "fundamentally flawed". Stockland's objection to the valuation is based on a perceived inconsistency in the discount rate and the growth rate used by Aevum and the rates used by Longeran Edwards to determine their valuation.

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