Aspen Group's Unsolicited Takeover Bid for Eureka Group Expires
Aspen Group's unsolicited off-market takeover offer for seniors rental accommodation company Eureka Group Holdings (ASX:EGH) has expired, according to a Thursday Australian bourse filing. Aspen, which
Aspen Group Posts Status of Defeating Conditions for Eureka Group Takeover
Aspen Group's off-market takeover bid for Eureka Group Holdings (ASX:EGH) has been unconditional since April 16 and based on acceptances of the offer to date, Aspen's voting power in Eureka is 35.7%,
Eureka Directors Tells Shareholders to Reject Aspen Group's Sweetened Offer
Eureka Group Holdings (ASX:EGH) directors unanimously recommend that shareholders reject Aspen Group's (ASX:APZ) sweetened offer of 0.28 Aspen share for each Eureka share, according to a Monday Austra
Aspen Group Increases All-Scrip Takeover Offer for Eureka Group
Australian retirement and holiday park company Aspen Group (ASX:APZ) has increased its all-scrip takeover offer for retirement living company Eureka Group Holdings (ASX:EGH) to 0.28 Aspen securities p
Australian Shares Tick Down as US Fed Chair Flags Likely Rate Cut Delay
Australian shares inched down on Wednesday as US Federal Reserve Chair Jerome Powell flagged a likely delay in interest rate cuts. The S&P/ASX 200 ticked down 6.90 points to 7,605.60. Powell warned th
Eureka Reiterates Rejection of Aspen Takeover Bid
Eureka Group Holdings (ASX:EGH) has maintained its stance to reject Aspen Group's unsolicited all-scrip takeover offer for all Eureka shares, reiterating that the bid is "neither fair nor reasonable,"
CLSA Downgrades Eureka Group to Accumulate From Buy, Price Target Is AU$0.60
07:21 PM EDT, 04/14/2024 (MT Newswires) -- CLSA Downgrades Eureka Group to Accumulate from Buy, Price Target is AU$0.60 Price (AUD): $0.55, Change: $0.00, Percent Change: 0.00%
Eureka Group Advises Shareholders to Reject Aspen's Takeover Bid
Eureka Group Holdings (ASX:EGH) directors have unanimously advised shareholders to reject Aspen Group's takeover bid for the company, according to a target statement filed Monday with the Australian S
Eureka Group Expects Underlying EBITDA to Rise Up to 21% in Fiscal 2024
Eureka Group Holdings (ASX:EGH) expects fiscal 2024 underlying earnings before interest, taxes, depreciation, and amortization to rise by 19% to 21% to AU$15 million to AU$15.3 million over the year-e
AU Morning Wrap: ASX Drops; Energy Stocks Surge
Stocks to watch: Westgold, Mighty Craft, WiseTech.
Eureka 19% Shareholder Does Not Intend to Accept Aspen Acquisition Offer
Eureka Group Holdings' (ASX:EGH) 19.2% shareholder Filetron Pty Ltd does not intend to accept Aspen Group's (ASX:APZ) unsolicited all-scrip takeover offer of 0.26 Aspen securities for every Eureka sha
Does Eureka Group Holdings (ASX:EGH) Deserve A Spot On Your Watchlist?
Winston's Weekly: Bond Rates, Newmark, Eureka
Winston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.Paul Sanger: Good morning and welcome to this week's edition of Winston's Weekly, covering al
Eureka's Board to Reject Aspen Group's Takeover Offer
Eureka Group Holdings (ASX:EGH) said its board is of the opinion that Aspen Group's (ASX:APZ) unsolicited, off-market takeover offer for Eureka's stock is "inadequate" and that it "undervalues" the pr
Eureka Group Considers Aspen's Offer "Inadequate"
Eureka Group Holdings (ASX:EGH) provided an update on the proposed takeover offer announced by Aspen Group (ASX:APZ), saying the board has not received a formal offer or a bidder's statement from Aspe
Winston's Weekly: M&A Activity and Rate Cuts
Winston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.The following transcript was AI-generated.Paul Sanger: Good morning and welcome to this week'
Aspen Group Makes Takeover Offer for Fellow Property Developer Eureka Group
Aspen Group (ASX:APZ) made a takeover offer for fellow property developer of 0.27 of its security for 1 Eureka Group (ASX:EGH) share. The new offer was 15.6% higher than the company's previous offer o
Eureka Group Holdings Confirms Queensland Properties as Safe From Impact of Cyclone Jasper, Floods
Eureka Group Holdings (ASX:EGH) confirmed that its retirement villages located in the Smithfield and Earlville suburbs in Queensland were deemed safe from the impact of Cyclone Jasper and associated f
Eureka Group-Managed Fund Completes Acquisition of Six Villages in Western Australia
Real estate developer Eureka Group's (ASX:EGH) new wholesale property fund Eureka Villages WA Fund completed the acquisition of a portfolio of six seniors' rental villages in Western Australia, accord
Eureka Villages WA Fund Acquires Six Villages in Western Australia
Eureka Villages WA Fund, a new wholesale property fund managed by real estate developer Eureka Group (ASX:EGH), acquired six seniors' rental villages in Western Australia for AU$44 million, a Wednesda
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