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Abacus Storage King Eyes Deal After Consortium Boosts Offer by 15%

8:48am on Monday 14th of July, 2025 AEST Real Estate Investment Trusts
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Abacus Storage King Eyes Deal After Consortium Boosts Offer by 15%

8:48am on Monday 14th of July, 2025 AEST
Key Points
  • Consortium raises offer to A$1.65 per stapled security
  • Offer represents a 15% increase from initial proposal
  • Proposal remains conditional on regulatory and tax approvals
  • Independent board committee to allow six-week due diligence period
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