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ALX — Atlas Arteria News Story

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IFM Global Infrastructure Fund offers to buy Atlas Arteria, valuing it at $4.92 billion

April 27 (Reuters) - IFM Global Infrastructure Fund announced a takeover offer for all the shares it does not currently own in Australia's Atlas Arteria ALX.AX on Monday, valuing the toll road operator at A$6.89 billion ($4.92 billion).

IFM Global Infrastructure Fund via its investment unit Diamond Infraco 1 proposed to buy all remaining Atlas Arteria securities at A$4.75 per unit.

($1 = 1.3998 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru; Editing by Tom Hogue)

 ((Sneha.Kumar@thomsonreuters.com;))

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