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Australia's Irongate receives $901 mln takeover proposal

January 30, 2022 — 05:34 pm EST

Written by Harish Sridharan for Reuters ->

Jan 31 (Reuters) - Australian Irongate Group IAP.AX on Monday said it received a takeover proposal from a partnership comprising Dutch pension fund PGGM and Charter Hall Group CHC.AX, valuing the real estate investor at A$1.29 billion ($901.45 million).

($1 = 1.4310 Australian dollars)

(Reporting by Harish Sridharan in Bengaluru; Editing by Sandra Maler)

((Harish.Sridharan@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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