Augusta takeover goes unconditional

Thu, 09 Jul 2020

ASX-listed Centuria Capital said it has 65.9 percent support for its takeover of Augusta Capital, and has declared it unconditional. Centuria's assets under management increases by 24 percent on the offer completion to A$8.9 billion. Centuria offered $1 per share for the property investment company, to buy out the 76.7 percent it didn’t already own. It has already has 23.3 percent of the shares in the company. This was half the per-share amount it is was pre...

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