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Australia: Merger and acquisition talk is in the air for embattled listed property trust sector

Posted on 09 August 2010

From Businessday.com.au: Recent speculation that the $84 billion listed property trust sector is on the cusp of a takeover frenzy has sparked the interest of hedge funds and day traders who are taking positions on the most likely takeover targets and their acquirers.
If the much-needed clean-up of the sector takes place, particularly at the small end, which is still jammed up with debt, it will go a long way to rebuilding the battered credibility of the sector……………………………………….Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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