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New Deal


Announced

DWPF to merge with ADPF.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Merger

Single Bidder

Private Equity

property funds management

Private

Australia

Infrastructure Funds

Friendly

Acquisition

Majority

Pending

Domestic

Synopsis

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Dexus Wholesale Property Fund agreed to merge with AMP Capital Diversified Property Fund. Financial terms were not disclosed. “ADPF is a strategic fit with DWPF’s existing portfolio providing additional exposure to premium assets. The ability to merge this portfolio in a cost and capital efficient manner enables us to create a combined entity which delivers strong benefits to investors,” Michael Sheffield, DWPF Fund Manager.

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