News: Federation Centres & Novion announce merger, page-18

  1. 391 Posts.
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    FDC approached NVN in October last year about the merger...
    This is a great outcome for fdc...practically buying a AReit twice its size with generally better quality assets, with an all script purchase, especially when it's trading price is 22% above its nta... well done to management
    Can't wait to see the benefits of the re-developed whopper Chadstone mall flow through to fdc as well now.
 
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