Newmark Property REIT (AU:NPR) has released an update.
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BWP Trust has made an off-market takeover bid for all Newmark Property REIT (NPR) securities, already acquiring over 90% and aiming for full acquisition through compulsory measures. NPR security holders are encouraged to accept the offer by 17 May 2024 to receive consideration within 5 business days, as NPR will soon be delisted and trading suspended. Those not accepting the offer may face delays and complications in receiving their due consideration.
For further insights into AU:NPR stock, check out TipRanks’ Stock Analysis page.