Aveo Group

Equities

AOG

AU000000AOG1

End-of-day quote Australian S.E. Other stock markets			5-day change	1st Jan Change
- ^AUD	-.--%		-0.47%	+33.75%

2023	Chateraise Lakelands Golf Club Pty Ltd acquired Peregian Golf Course on the Sunshine Coast from Aveo Group Limited.	CI
2022	Servcorp Names New CFO	MT

Aveo : Australia's Aveo Group signs takeover deal with Canada's Brookfield

August 14, 2019 at 04:25 am IST

(Reuters) - Australia's Aveo Group on Wednesday said it had signed a deal with units of Brookfield Asset Management under which the Canadian firm will buy the Australian retirement home operator for A$1.27 billion.

The offer values Aveo at A$2.195 per share, which the company had disclosed earlier this month.

Aveo's board unanimously recommends the offer, the company said in a statement.

(Reporting by Shreya Mariam Job in Bengaluru; Editing by Sandra Maler)

Latest news about Aveo Group

Chateraise Lakelands Golf Club Pty Ltd acquired Peregian Golf Course on the Sunshine Coast from Aveo Group Limited.	13/23/13	CI
Servcorp Names New CFO	12/22/12	MT
Investment Banks Reportedly in Pitch to RetireAus	21/22/21	CI
Aveo Group Announces Cessation of Gregory David Shaw as Director	29/19/29	CI
Aveo Group Announces Cessation of Seng Huang Lee as Director	29/19/29	CI
Aveo Group Announces Cessation of Walter Leonard McDonald as Director	29/19/29	CI
Aveo Group Announces Cessation of Kelvin Lo as Director	29/19/29	CI
Aveo Group Announces Cessation of James Edward Forrest Frayne as Director	29/19/29	CI
Aveo Group Announces Cessation of Eric Lee as Director	29/19/29	CI
Aveo Group Announces the Cessation of Geoff Grady as Director	29/19/29	CI
Aveo Group Announces Cessation of Diana Ping June Saw as Director	29/19/29	CI
Certain funds managed by Brookfield Financial Properties L.P. completed the acquisition of Aveo Group from Mulpha Strategic Limited, Rosetec Investments Limited and others.	29/19/29	CI
Geoff Grady Resigns as Chief Executive Officer of Aveo Group, Effective November 29, 2019	18/19/18	CI
Aveo Group(ASX:AOG) dropped from S&P/ASX All Ordinaries Index	14/19/14	CI
Aveo Group(ASX:AOG) dropped from S&P/ASX 200 Index	14/19/14	CI
Aveo Group(ASX:AOG) dropped from S&P/ASX 300 Index	14/19/14	CI
Aveo Group(ASX:AOG) dropped from S&P/ASX Small Ordinaries Index	14/19/14	CI
Aveo Group(ASX:AOG) dropped from S&P Global BMI Index	14/19/14	CI
Aveo Group Limited Inc. Provides Information to Shareholders	06/19/06	CI
Aveo Group Solicits Proxies from Shareholders	28/19/28	CI
Aveo Group Provides Information to the Shareholders	27/19/27	CI
Tranche Update on Aveo Group's Equity Buyback Plan announced on September 7, 2018.	24/19/24	CI
Alexander Waislitz Urges to Vote Against the Takeover of Aveo Group by Brookfield Financial	18/19/18	CI
Aveo Group's Equity Buyback announced on September 7, 2018, has expired with 100,000 shares, representing 0.02% for AUD 0.16 million.	06/19/06	CI
Transcript : Aveo Group, 2019 Earnings Call, Aug 28, 2019	28/19/28

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Company Profile

Aveo Group Limited is engaged in developing, operating and managing retirement communities. The principal activities of the Company include investment in, and development and management of retirement villages; development for resale of land and residential, retail, commercial and industrial property; investment in, and management of, income producing retail, commercial and industrial property; commercial, industrial and residential building and construction for the Company, and funds and asset management. The Company operates through two segments: Retirement, which develops and operates retirement villages and aged care facilities to produce rental and other income, and Non-retirement, which develops residential, commercial and retail property. Developed commercial and retail property may be sold or held to produce rental income and capital appreciation. It has over 90 senior living communities, including retirement living, freedom aged care and residential aged care communities.

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