Announced
Financials
Tags
Merger
Single Bidder
Private Equity
property funds management
Private
Australia
Infrastructure Funds
Friendly
Acquisition
Majority
Pending
Domestic
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.