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Investment

CBA accepts DEXUS' property fund takeover bid

DEXUS Property Group's bid to take over Commonwealth Property Office Fund (CPA) has taken step forward, with Commonwealth Bank of Australia agreeing to the terms of DEXUS' proposal.

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Read more: DEXUS Property GroupCBACPAAustraliaCommonwealth BankCommonwealth Property Office FundInvestmentAncillary ProposalAUDCanada Pension Plan Investment BoardConfidentialityCPPIBDecember 2013Exclusivity Deed