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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