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Why Elanor Commercial Property Fund Urges Rejection of Lederer’s $0.70 Takeover Bid

10:22am on Friday 26th of September, 2025 AEST Real Estate
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Why Elanor Commercial Property Fund Urges Rejection of Lederer’s $0.70 Takeover Bid

10:22am on Friday 26th of September, 2025 AEST
Key Points
  • Unsolicited $0.70 per security takeover offer from Lederer
  • Independent Board Committee unanimously recommends rejection
  • Independent Expert finds offer undervalues ECF’s net tangible assets
  • ECF positioned for growth amid improving commercial property market
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