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Company News
Apr 01, 2025 • 11:41 PM
Industrials & JuniorsAVJennings board backs proposed $369m buyout by AVID Property and Proprium Capital
The directors of AVJennings (ASX: AVJ) have thrown their support behind the proposed $369 million takeover by US real estate investment manager Proprium Capital Partners in partnership with Australian residential developer AVID Property Group. The bid’s cash consideration of $0.655 per share represents a 98.5% premium to the $0.33 closing price of AVJennings shares on […]
Nov 28, 2024 • 11:39 PM
Industrials & JuniorsAVJennings board backs takeover bid from Proprium Capital and AVID Property Group
The board of leading Australian home builder AVJennings (ASX: AVJ) is set to recommend shareholders vote in favour of a proposed takeover offer from Proprium Capital Partners and AVID Property Group. The company’s directors have informed shareholders that they believe the indicative proposal provides an opportunity to realise their investment in AVJennings at a price […]