THAKRAL Holdings has appointed Macquarie Capital as financial adviser in relation to the Brookfield Asset Management takeover proposal.
Thakral has also appointed Johnson Winter & Slattery as legal adviser.
Last month Thakral’s chief operating officer Anthony Story told Property Review that Brookfield’s $410 million, $0.70 cents per stapled security offer is well below the group’s net tangible asset of $0.96 cents.
Since the proposal was announced, Thakrak’s market capitalisation has jumped from $339.51 million to $439 million, which is above Brookfield’s $410 million takeover bid.
Property Review
