An announcement from Avjennings Limited ( (AU:AVJ) ) is now available.
AVJennings Limited is currently assessing two acquisition proposals. Ho Bee Land Limited has proposed to acquire all shares of AVJennings it does not own for $0.70 per share, while Proprium Capital Partners and AVID Property Group have offered $0.67 per share. Both acquisitions would be conducted through a scheme of arrangement. Although the AVID exclusivity period has expired, due diligence continues for both proposals. AVJennings has informed shareholders they need not take any action at this time and there is no certainty that a binding offer will result.
More about Avjennings Limited
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €96.74M
See more data about AVJ stock on TipRanks’ Stock Analysis page.