Charter Hall Raises Final Bid for HPI Shares
Company Announcements

Charter Hall Raises Final Bid for HPI Shares

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

Charter Hall Wholesale Management Limited has increased its takeover offer for Hotel Property Investments (ASX:HPI) to $3.85 per security, up from the previous offer of $3.65. This improved all-cash offer is touted as final and represents a significant premium over HPI’s historical trading prices. Investors are urged to consider this offer, as HPI shares have risen 15% since Charter Hall’s initial acquisition in March 2024.

For further insights into AU:HPI stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App