Investment firm Roc Partners has stepped upped its bidding game for agricultural real estate manager Vitalharvest (ASX:VTH).
The offer of $1.16 for every Vitalharvest share came in the midst of a bidding contest with Macquarie Infrastructure and Real Assets. This has placed Roc in pole position in the race to acquire assets of Vitalharvest (ASX:VTH), as it is 4 cents ahead of Macquarie’s offer. The $220 million-rated owner of orchards has given Macquarie till next Thursday to challenge their rival’s bid.
Shares in Vitalharvest Freehold Trust (ASX:VTH) are trading 3.95 per cent higher at $1.18
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05 Mar 2020 - The ACCC will not appeal the Federal Court’s recent decision that the proposed merger between TPG Telecom (ASX:TPM) and Vodafone Hutchison Australia (ASX:HTA) would not substantially lessen competition.
26 Mar 2020 - Retail group Premier Investments (ASX:PMV) is to temporarily close all retail stores in Australia from 6 pm (local time) today, 26 March 2020, until 9 am (local time) Wednesday 22 April 2020.