Hotel Property Investments Ltd. (AU:HPI) has released an update.
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Charter Hall Wholesale Management Limited is proposing to acquire all stapled securities of Hotel Property Investments for $3.65 each, urging shareholders to act swiftly and consult their professional advisers. The offer document details the reasons for acceptance, taxation implications, and bidder intentions, with further assistance available through a dedicated offer website and contact numbers.
For further insights into AU:HPI stock, check out TipRanks’ Stock Analysis page.