Australia's Abacus Storage King gets $1.2 billion takeover proposal
06/04/2025 23:51
April 7 (Reuters) - Australia's Abacus Storage King ASK.AX said on Monday that it had received an unsolicited takeover offer from a consortium consisting of Ki Corporation and Public Storage PSA.N, valuing the target at A$1.93 billion ($1.16 billion). ($1 = 1.6669 Australian dollars) (Reporting by Sneha Kumar in Bengaluru Editing by Nick Zieminski) ((Sneha.Kumar@thomsonreuters.com;))
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