BRIEF-Hotel Property Investments Says Cash Consideration Hostplus Takeover Reduced To A$3.785 apiece

Reuters

2024/10/31

Oct 31 (Reuters) - Charter Hall Retail REIT :

* CASH CONSIDERATION UNDER CHARTER HALL RETAIL REIT AND HOSTPLUS TAKEOVER OFFER REDUCED TO A$3.785 PER HPI SECURITY

* HPI BOARD HAS UNANIMOUSLY CONCLUDED THAT OFFER IS NOT COMPELLING

* HPI INTENDS TO DECLARE FURTHER DISTRIBUTION IN DECEMBER 2024

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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