An undisclosed buyer signed an unconditional contacts to acquire 63 Ann Street in Surry Hills, New South Wales from Abacus Group (ASX:ABG) on January 23, 2024. As part of the agreement, Abacus Group is also selling its remaining 50% interest in Ashfield Mall, Ashfield NSW to Mintus Pty Ltd. The disposal of two non-core Commercial assets is for a net consideration of approximately AUD 107 million. The proceeds from the sale will be utilized to reduce debt The transaction is expected to close in February 2024.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
1.135 AUD | -0.44% | -1.73% | -1.30% |
Apr. 23 | Clearwater Analytics Completes Acquisition of Risk and Performance Analytics Solutions From Wilshire | MT |
Apr. 11 | Canada Unveils Housing-Finance Changes Aimed at First-Time Homebuyers | DJ |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-1.30% | 662M | |
-15.71% | 11.95B | |
-12.53% | 7.58B | |
-7.92% | 5.43B | |
-1.91% | 5.28B | |
-11.64% | 5.14B | |
+3.09% | 4.62B | |
-6.18% | 4.58B | |
-2.55% | 4.5B | |
+7.11% | 3.89B |
- Stock Market
- Equities
- ABG Stock
- News Abacus Group
- An undisclosed buyer signed an unconditional contacts to acquire 63 Ann Street in Surry Hills, New South Wales from Abacus Group.