GPT cans offer

The article says GPT will not pursue the mooted $2.4 billion indicative offer for Australand’s assets; it withdrew after conducting due diligence.

The proposed $2.4 billion indicative offer related to Australand’s office, industrial and development assets, according to the article.

GPT expressed an interest in Australand in December last year, as reported in the article.

Yes. The article states GPT conducted due diligence and then withdrew its interest in pursuing the indicative offer.

No. The article explicitly states GPT will not pursue that mooted $2.4 billion indicative offer.

The article describes the $2.4 billion figure as a mooted indicative offer, and it does not present it as an official GPT bid because GPT has withdrawn.

No. The article only reports GPT’s interest in December and its subsequent withdrawal after due diligence; it does not mention other bidders or offers.

No. The article only states that GPT withdrew after conducting due diligence and does not give any additional reasons.