Atlas Arteria Ltd

ALX: XASX (AUS)
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Atlas Arteria: IFM Lobs Reasonable Takeover Offer

Atlas Arteria received a hostile takeover from its largest investor, IFM Global Infrastructure Fund, which currently owns about 35% of Atlas. The conditional cash offer is priced at AUD 4.75 per security, a 10% premium to the prior close. The offer increases to AUD 5.10 if IFM's interest hits 45%.

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