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Charter Hall Gains 63.7% Control of HPI, Urges Securityholders to Accept Takeover Offer
7:03pm on Monday 2nd of June, 2025 AEST
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Real Estate
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Charter Hall Gains 63.7% Control of HPI, Urges Securityholders to Accept Takeover Offer
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Charter Hall holds 63.7% voting power in HPI
HPI board and chairman recommend accepting the all-cash offer
Offer price fixed at $3.752 per security, best and final without competing bids
Offer closes on 31 January 2025 unless extended
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HOTEL PROPERTY INVESTMENTS (ASX:HPI)
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