Hotel Property Investments Ltd. Faces Takeover Bid

Hotel Property Investments Ltd. (AU:HPI) has released an update.

Hotel Property Investments Ltd. (ASX: HPI) is responding to a takeover bid by Charter Hall Retail REIT and Hostplus. The bid aims to acquire all HPI securities, and the company has issued a supplementary target’s statement to address this offer. Investors can follow further announcements on HPI’s website.

For further insights into AU:HPI stock, check out TipRanks’ Stock Analysis page.

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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