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NextDC to start compulsory acquisition of outstanding AJD securities

Friday 12 October 2018 | 10:05 CET | News
Australian data centre-as-a-service provider NextDC has announced that it now has a relevant interest in 97 percent of the stapled securities of Asia Pacific Data Centre Group (AJD). Under the terms of APDC's on market takeover bid announced on 8 October, NextDC will pay AJD securityholders cash consideration of AUD 2 per security. This offer is unconditional and represents NextDC's 'best and final' price. The offer closes on 26 November. As a result of having a relevant interest in greater than 90 percent of AJD securities, NextDC plans to proceed to compulsory acquisition of the outstanding

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Categories: Fixed
Companies: NextDC
Countries: Australia
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