Charter Hall Extends Takeover Offer for HPI

Charter Hall Retail REIT (AU:CQR) has released an update.

Charter Hall Retail REIT has announced an extension of its takeover offer for all stapled securities in Hotel Property Investments, moving the closing date to January 31, 2025. This extension provides investors more time to consider the offer, which is now unconditional following the removal of all defeating conditions. The company continues to court stakeholders in its strategic move to expand its property portfolio.

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