Macquarie’s MIRA Proposed Acquisition of Vitalharvest (ASX:VTH) for A$300m

November 10, 2020 12:08 PM AEDT

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Macquarie Infrastructure and Real Assets (MIRA) disclosed that an agricultural fund managed by MIRA proposed the acquisition of Vitalharvest Freehold Trust (ASX:VTH) for A$300 million.

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MIRA proposed to pay cash of A$1 per share by way of a trust scheme to take over the trust, which owns Vitalharvest. The offer represents a 27.4% premium to the VTH closing price on 6 November.

Both the Scheme and the Asset Purchased are fully funded and have received approval from FIRB.