BWP Trust (AU:BWP) has released an update.
BWP Trust, through its responsible entity BWP Management Limited, has announced that all conditions for its off-market takeover bid for Newmark Property REIT have been either fulfilled or waived, making the offer free from all defeating conditions. As of April 16, 2024, BWP Trust holds a significant 82.92% voting power in Newmark Property REIT and retains the right to extend the offer period in accordance with the Corporations Act.
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