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NEXTDC Advises on $280m Indicative Offer

15 Feb 2018  |  10:29:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: APDC - $280M Indicative Offer

NEXTDC announced that it refers to Asia Pacific Data Centre Group (APDC) ASX announcement, dated 14 February 2018 titled Update on Sale Process. APDC states that is has received a non-binding offer from an undisclosed third party which may be prepared to purchase all three data centres owned by the APDC Trust at a headline price of $280m, subject to final contracts, securityholder approval, FIRB and other unspecified conditions. NEXTDC previously rejected the APDC Trust offer of $300m for all three data centre properties.

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