Australia's PEXA falls most since Dec 2023 after report on plans to buy Canadian co

PEXA

19/11/2024 02:10

** PEXA Group  PXA.AX  falls as much as 5.7% to A$12.8; set
for weakest trading session since December 2023
    ** Stock hits lowest since early August
    ** Digital property settlements platform makes informal
takeover offer for Canada's Dye & Durham  DND.TO , Australian
Financial Review reports
    ** DND's market value C$1.06 bln ($756 mln) as of last close
    ** PXA has risen 22.3% this year, as of last close

($1 = 1.4018 Canadian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))