Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 14 of 14 results for "IPG"

Investa needs 45% stake in POF takeover to have chance: Analysts

WITH AAP  |  TUESDAY, 5 AUG 2003
... responsible entity of POF and the fund would acquire a $468 million United States office portfolio. Investa is offering seven IPG securities and $5.22 in cash for every 12 POF units. Merrill Lynch analyst Paul Snushall said there was now an increased ...

S&P rates Principal Office Fund A- following IPG announcement

... with a well-spread debt maturity profile. Total borrowings at December 31, 2002, were $359 million. S&P said it would monitor IPG's unsolicited bid and update the CreditWatch should an alternative bidder emerge. If the IPG bid was successful, S&P said ...

Investa to launch takeover bid for Principal Office Fund

... of what will be a dominant listed office property trust and investment business in Australia, he said. The offer is seven IPG securities plus $4.86 for every 12 Principal units, which represents a value of $1.63 per Principal unit based on the five-day ...

Principal Office Fund leaps to six-year high

... Office Fund before most of its Australian BT assets were sold to Westpac Banking Corp last year. Principal said it "welcomes IPG as a substantial shareholder on the register and looks forward to engaging in dialogue regarding progress against stated ...
PAGE:
2