Hotel Property Investments Ltd. (AU:HPI) has released an update.
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Charter Hall Wholesale Management Limited has made an off-market takeover bid to acquire all stapled securities of Hotel Property Investments (HPI) for $3.65 per share. The bid involves a second replacement bidder’s statement, which has been lodged with the Australian Securities and Investments Commission, and marks changes against the previous statement. Investors are urged to consider the cash offer and seek professional advice as needed.
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