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Elanor Rebuts Lederer Takeover Bid, Advances $125M Rockworth Alliance

9:02am on Wednesday 13th of August, 2025 AEST Real Estate
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Elanor Rebuts Lederer Takeover Bid, Advances $125M Rockworth Alliance

9:02am on Wednesday 13th of August, 2025 AEST
Key Points
  • Lederer Group proposes 70 cents per security takeover offer for Elanor Commercial Property Fund
  • Elanor forms independent committees to protect securityholder and company interests
  • Rockworth Capital Partners to invest $125 million, enabling recapitalisation and Firmus acquisition
  • Ongoing asset sales reduce gearing and strengthen financial position
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