Hotel Property looks to reject final takeover offer from Charter Hall consortium
21/10/2024 22:37
Oct 22 (Reuters) - Australia's Hotel Property Investments HPI.AX said on Tuesday it has recommended shareholders to reject the final takeover bid from a consortium led by Charter Hall Retail REIT CQR.AX , which valued the pub owner at A$755.8 million ($502.98 million). ($1 = 1.5026 Australian dollars) (Reporting by Sneha Kumar; Editing by Alan Barona) ((Sneha.Kumar@thomsonreuters.com))
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