Atlas Arteria Rejects IFM’s $5.3 Billion Takeover Bid as Too Low

business 2 posts · 2 accounts

Atlas Arteria rejected a $5.3 billion takeover bid from its biggest shareholder, IFM Investors, saying the proposal was too low. The Sydney-listed toll road operator also described the offer as opportunistic.

From the sources (2 posts)

@business

Sydney-listed toll road operator Atlas Arteria rejected a $5.3 billion takeover bid from its biggest shareholder IFM Investors, saying the bid was too low

@reutersbiz

Australia's Atlas Arteria rejects IFM's $5 billion offer as 'opportunistic'

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