An undisclosed buyer signed an unconditional contacts to acquire 63 Ann Street in Surry Hills, New South Wales from Abacus Group (ASX:ABG) on January 23, 2024. As part of the agreement, Abacus Group is also selling its remaining 50% interest in Ashfield Mall, Ashfield NSW to Mintus Pty Ltd. The disposal of two non-core Commercial assets is for a net consideration of approximately AUD 107 million. The proceeds from the sale will be utilized to reduce debt The transaction is expected to close in February 2024.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
1.165 AUD | +1.30% | +2.64% | +1.30% |
23/04 | Clearwater Analytics Completes Acquisition of Risk and Performance Analytics Solutions From Wilshire | MT |
11/04 | Canada Unveils Housing-Finance Changes Aimed at First-Time Homebuyers | DJ |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+1.30% | 679M | |
-10.74% | 12.66B | |
-8.17% | 7.99B | |
-2.60% | 5.72B | |
0.00% | 5.42B | |
-7.76% | 5.37B | |
+4.15% | 4.82B | |
+6.10% | 4.75B | |
-6.30% | 4.71B | |
+4.85% | 3.94B |
- Stock Market
- Equities
- ABG Stock
- News Abacus Group
- An undisclosed buyer signed an unconditional contacts to acquire 63 Ann Street in Surry Hills, New South Wales from Abacus Group.