IRES open to a possible $827 million takeover offer from Barings
Reuters reports that Ireland’s largest private residential landlord said it would be inclined to recommend a possible all-cash offer from Barings at €1.386 per share.
TLDR
Reuters reports that Irish Residential Properties REIT said it would be inclined to recommend a possible all-cash takeover offer from Barings. At €1.386 per share, the offer would imply an equity value of about €726.88 million ($827.12 million).
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