IFM Investors secures 67% Atlas Arteria stake
IFM Investors finalised its takeover of Atlas Arteria (ASX:ALX) overnight, securing a 67.43% stake in the firm.
IFM Investors finalised its takeover of Atlas Arteria (ASX:ALX) overnight, securing a 67.43% stake in the firm.
The board of Atlas Arteria (ASX:ALX) has urged its retail shareholders to reject a financing and restructure proposal from IFM Investors for the Chicago Skyway toll road.
Transurban (ASX:TCL) has executed an agreement to assess a project adding approximately 120 lane miles to the I-95 Express Lanes.
The takeover timeline for Atlas Arteria (ASX:ALX) was extended after IFM Investors secured majority control.
Transurban (ASX:TCL) agreed with the New South Wales government to overhaul unpaid tolls, protecting a $36 billion investment.
Road safety technology provider Acusensus (ASX:ACE) executed a variation agreement with Transport for New South Wales.
Atlas Arteria (ASX:ALX) entered exclusive discussions to sell its German Warnow Tunnel asset to Eiffage S.A.
Rest Super has appealed a court ruling forcing the sale of its 4.5% Melbourne Airport stake managed by Dexus (ASX:DXS).
IFM Investors increased its ownership stake in toll road operator Atlas Arteria (ASX:ALX) to 38.83% as the ongoing corporate takeover dispute accelerated.
IFM Investors increased its holding in toll road operator Atlas Arteria (ASX:ALX) to 38.26% as it continues its hostile takeover attempt.
IFM Investors has launched a final, sweetened takeover bid for Atlas Arteria (ASX:ALX), raising its offer to $5.10 per share.
Ventia Services Group (ASX:VNT) has partnered with OpenAI to deploy artificial intelligence tools across its regional operations.
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