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Access here alternative investment news about Hometown Corporation Makes Aud635m Bid For Australia’s Gateway Lifestyle | News | Ipe Ra
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Hometown Corporation Makes Aud635m Bid For Australia’s Gateway Lifestyle | News | Ipe Ra

by realassets.ipe.com posted 6months ago 35 views
Hometown, which is backed by Calzada Capital Partners, is offering AUD2.10 for each Gateway share. : US-based manufactured home company Hometown Corporation has made an AUD635m (€409m) cash bid for Australia’s Gateway Lifestyle Group. Hometown, which is backed by Calzada Capital Partners, a global real estate private equity firm, is offering AUD2.10 for each of Gateway’s issued shares. Gateway said the non-binding proposal was to take control of the company by way of schemes of arrangement. This implies a court-approved agreement between Gateway and its shareholders or creditors.

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