VALAD has successfully completed the $2 billion merger with Scarborough.
As a result of the successful acquisition, Valad has increased its FY2008 forecast DPS growth by 12.9% over the announced FY2007 distribution.
The acquisition of
The acquisition is been funded through a $1.2 billion entitlement and public offer, the retail and public offer component closes on July 17 2007.
Australian Property Journal
