Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Property group Irongate <strong><a href="https://www.smartkarma.com/entities/irongate-group" target="_blank" data-smartkarma-citation="entities:30897:1" rel="noopener">Irongate Group (IAP AU)</a></strong> has <a href="https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02474876-2A1350857?access_token=83ff96335c2d45a094df02a206a39ff4" target="_blank" rel="noopener">rejected</a> the third unsolicited offer from <strong><a href="https://www.smartkarma.com/entities/360-capital-group-ltd" target="_blank" data-smartkarma-citation="entities:11865:1" rel="noopener">360 Capital (TGP AU)</a></strong> in as many months. </li>
<li>Under the latest proposal, 360 Capital was offering $1.72 /security, a 7.2% increase over the initial approach. </li>
<li>Trading slightly below the rejected terms. Expect 360 Capital to return to the trough. </li>
</ul>


Property group Irongate Irongate Group (IAP AU) has rejected the third unsolicited offer from 360 Capital (TGP AU) in as many months. 
Under the latest proposal, 360 Capital was offering $1.72 /security, a 7.2% increase over the initial approach. 
Trading slightly below the rejected terms. Expect 360 Capital to return to the trough. 


Irongate (IAP AU) Rejects Third Proposal From 360 Capital