Hotel Property Investments Ltd. (AU:HPI) has released an update.
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Charter Hall Wholesale Management Limited has announced that its takeover offer for Hotel Property Investments is now unconditional, with the bidder holding a 34.85% voting power in the company. The offer, which aims to acquire all stapled securities of HPI, has been freed from all previous conditions. This move could potentially influence HPI’s stock performance and attract investor interest.
For further insights into AU:HPI stock, check out TipRanks’ Stock Analysis page.