Charter Hall Bids to Acquire Hotel Property Investments

Hotel Property Investments Ltd. (AU:HPI) has released an update.

Charter Hall Wholesale Management Limited has launched a takeover bid for Hotel Property Investments, offering to purchase all HPI stapled securities at $3.65 per share. The offer, which opened on 25 September 2024, will run until 4 November 2024, subject to the terms of the Corporations Act. HPI securityholders are advised to read the bidder’s statement carefully and consult professional advisers if needed.

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