GPT makes play for CPA

Suitor lobs cash-and-scrip takeover offer for Commonwealth Property Office Fund.

GPT Group (GPT) will make an off-market cash-and-scrip takeover offer for all outstanding units in Commonwealth Property Office Fund (CPA).  

In a statement to the Australian Securities Exchange, GPT said the offer would comprise of 0.141 GPT securities per CPA unit and $0.75325 for every CPA unit

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