National Storage REIT (ASX: NSR) has received a confidential nonbinding indicative proposal from Gaw Capital Partners to acquire 100% of the issued capital.
- Negotiations are at preliminary stage and depends on many conditions;
- There is no certainty that the discussions will lead to a final recommended offer;
- The company has appointed P. Morgan as its financial advisor and Allens as its legal advisor.
At AEDT 01:14PM, the stock was trading at $2.180 per share, up by 5.825% from its previous close.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.