This article is from the Australian Property Journal archive
STOCKLAND’S increased takeover bid for retirement and aged care company Aevum has enticed some investors.
Yesterday Stockland revealed that it has increased its interest in Aevum from 17.25% to 22.45%.
Stockland recently upgraded its bid for Aevum from $1.50 to $1.77.
Aevum has yet to make an official response to the bid and had advised to take no action.
Australian Property Journal