THE Supreme Court of New South Wales has made orders for Federation Centres and Novion Property Group to convene a meeting of securityholders to vote on the merger proposal.
The meetings of Novion securityholders will take place at 10.00am AEST on Wednesday 27 May 2015, at the Westin Sydney, 1 Martin Place, Sydney NSW 2000.
If the merger is approved and all other conditions are satisfied or waived, the merger will proceed by way of Federation acquiring all Novion securities.
The merged group will be the second largest listed manager of Australian retail assets and a top-10 listed manager of retail assets globally.
Australian Property Journal
