IFM Investors launched the hostile takeover, claiming the toll road operator's continued search for mergers and acquisitions will impact shareholder value.
The investment giant has long been unhappy with the ASX-listed tollroad operator’s strategy, despite being its largest backer ...
Atlas Arteria shares surged after IFM Investors made an unsolicited $6.89 billion cash takeover bid, offering $4.75 per share with a conditional increase to $5.10 if its stake rises above 45%. The ...
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Atlas Arteria surges on IFM’s $6.9b takeover bid
Atlas Arteria shares soared more than 14% after IFM Investors launched an unsolicited $6.9 billion takeover bid. The offer is ...
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