STOCKLAND’S increased takeover bid for retirement and aged care company Aevum has enticed some investors.
Yesterday Stockland revealed that it has increased its interest in Aevum from 17.25% to 22.45%.
Stockland recently upgraded its bid for Aevum from $1.50 to $1.77.
Aevum has yet to make an official response to the bid and had advised to take no action.
Australian Property Journal
