Celebrating 25 Years of Scoop
Calan Respond to Takeover Notice
31 January, 2006
Calan Respond to Takeover
Notice
Statement made by Bruce Davidson, Chairman,
Calan Healthcare Properties Limited
Calan Healthcare Properties Trust (Calan) today, January 31, 2006, received a Restricted Transfer Notice from ING Property Trust Investments Limited setting out its intention to make a full takeover offer for Calan.
The directors of Calan will make a full response to the Notice shortly but restate their previous recommendation to unitholders to take no action until directors have received an independent appraisal report and make a consequent recommendation to the market.
ENDS
Advertisement - scroll to continue reading
New Zealand Food Safety: Sales Of Antibiotics For Animals And Plants Down For Sixth Year In A Row
GE Free NZ: Trust The GE Science – Whose?
NIWA: 'Now Or Never' - Fight Against Invasive Clam Gets Critical Boost
The Reserve Bank of New Zealand: RBNZ Releases Updated Financial Stability Indicators
Asia Pacific AML: NZ Has Never Exercised Governance Over Threats From Trans-National Criminals; Easy To Facilitate Trans-National Crime
Trade Me Property: Auckland House Prices Hit Four-year Low, Dropping Below One Million
