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Atlas Arteria rejects IFM’s improved $7.4b takeover bid
The offer was lifted to $5.10 per share, but the board of the toll road operator immediately dismissed it as still undervaluing the business.
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Timeline cronologica
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IFM set to increase Atlas Arteria bid to $5.10, drop conditions
IFM Investors will later today table its increased offer for the $7.4 billion toll road operator in a bid to sway shareholders.
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Atlas Arteria rejects IFM’s improved $7.4b takeover bid
The offer was lifted to $5.10 per share, but the board of the toll road operator immediately dismissed it as still undervaluing the business.