Multiplex Group declared its takeover bid for Ronin Property Group unconditional on Thursday, when it had 17.46% of Ronin stock.
Multiplex took possession of AMP Life Ltd’s 15.7% holding in Ronin before announcing details of its takeover proposal at the end of September.
The consideration is 0.274 of a Multiplex security plus A8c cash for every Ronin security.
28 September 2004: NZ assets a major feature of Multiplex bid for Ronin
25 September 2004: Multiplex talking Ronin takeover