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Why 360 Capital Group’s Board Urges Acceptance of $0.31 Takeover Offer

8:49am on Tuesday 14th of October, 2025 AEDT Real Estate
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Why 360 Capital Group’s Board Urges Acceptance of $0.31 Takeover Offer

8:49am on Tuesday 14th of October, 2025 AEDT
Key Points
  • Unconditional off-market takeover bid at $0.31 per stapled security
  • Independent Board Committee unanimously recommends acceptance
  • Independent Expert concludes offer is fair and reasonable, though at low end of valuation range
  • TT Investments holds 67.17% of TGP securities and may seek ASX delisting if ownership exceeds 75%
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