This article is from the Australian Property Journal archive
STOCKLAND has extended its offer for Aevum shares to November 26.
Stockland told shareholders who have accepted the offer that the group now owns more than 90% of Aevum.
If shareholders chose not to accept the offer, Stockland has decided to compulsorily acquire the shares and may have to wait more than six weeks for payment due to the legal requirements.
Stockland said the offer of $1.77 per share is unconditional and will not be increased.
Australian Property Journal
