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STOCKLAND — M&A Activity 2014
Jun 3, 2014
65781_rns_2014-06-03_9f351b61-076d-49c3-80bf-0946515130ce.pdf
M&A Activity
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133 Castlereagh Street Sydney NSW 2000
T 02 9035 2000 F 02 8988 2552
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4 June 2014 ASX/Media Release
UPDATE ON AUSTRALAND PROPOSAL
Stockland notes the announcement by Australand this morning regarding a conditional cash proposal from Frasers Centrepoint Limited to acquire Australand Property Group.
The Stockland Board will consider its options and provide an update in due course.
Stockland
Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia’s largest diversified property group – owning, developing and managing a large portfolio of shopping centres, residential communities, retirement living villages, office and industrial assets. Stockland was recognised by the S&P Dow Jones Sustainability Indicies (DJSI) as the Global Real Estate Industry Group Leader for 2013 – 14 and was also named one of the Global 100 Most Sustainable Corporations in the World at the World Economic Forum in Davos, Switzerland in 2014, for the fifth consecutive year.
| For media enquiriesMichelle TaylorGeneral Manager -Stakeholder RelationsStocklandT+61 (0)2 9035 2786M+61 (0)400 356 692 | For investor enquiriesAntoinette PlaterSenior Manager -Investor RelationsStocklandT+61 (0)2 9035 3148M+61 (0)429 621 742 |
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Stockland Corporation Ltd ACN 000 181 733 Stockland Trust Management Ltd ACN 001 900 741 AFSL 241190 As Responsible Entity for Stockland Trust ARSN 092 897 348.