DataRoom AM: Leighton battle

Stockland and Singapore’s City Developments look set to go head-to-head for Leighton Properties, while Frasers Centrepoint is in line to claim Australand with its final bid.

The auction of Leighton Properties appears a race in two, with Stockland favourite among the locally-based prospective buyers. But will it again fall short in a high-profile takeover battle?

Elsewhere, Healthscope receives a warm welcome back onto ASX boards, Frasers Centrepoint declares its Australand offer final, Drillsearch hits a snag in its push for control of Ambassador Oil & Gas and another dairy firm hits the auction block.

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