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ALX — Atlas Arteria News Story

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Brief: Atlas Arteria Receives Unsolicited Takeover Offer From IFM

April 27 (Reuters) - Atlas Arteria Group ALX.AX:

ATLAS ARTERIA RECEIVES UNSOLICITED TAKEOVER OFFER FROM IFM

IFM OFFERS A$4.75 CASH PER SECURITY, 10% PREMIUM TO LAST CLOSE

TO FORM INDEPENDENT BOARD COMMITTEE TO CONSIDER OFFER

OFFER PRICE INCREASES TO A$5.10 PER SECURITY IF IFM REACHES 45% INTEREST

ADVISES THAT SHAREHOLDERS TAKE NO ACTION IN RELATION TO OFFER

Further company coverage: ALX.AX

 ((Reuters.Briefs@thomsonreuters.com;))

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