Newmark Property REIT (AU:NPR) has launched an replace.
Newmark Property REIT has reported a change within the stakes held by substantial shareholder BWP Administration Restricted, with a rise in voting energy from 72.62% to 73.80%, following acceptances of provides made beneath an off-market takeover bid. This strategic shift occurred on April 5, 2024, with related pursuits in voting securities altering because of this transaction. The takeover bid concerned an alternate ratio of 0.4 absolutely paid models in BWP for each 1 absolutely paid bizarre safety in NPR.
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