Speculation on Australand takeover rises

Recent rally in target's price heightens talk of takeover tilt by Stockland.

Speculation that Stockland is mulling a takeover of up to $4 billion for rival Australand has been been heightened by a recent rally in the target's price, according to The Australian

On Friday, Australand's share price closed 3c higher at $3.60 after adding more than 12% since June 24.


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