Australia’s Abacus Storage King Gets $1.43 Billion Sweetened Buyout Bid

Australia’s Abacus Storage King gets $1.43 billion sweetened buyout bid

Abacus Storage King opens its books after $2.17b takeover offer

A consortium led by South African billionaire Nathan Kirsh has increased a bid first lobbed in April, and will have six weeks to conduct due diligence.

Australia's Abacus Storage King Gets $1.43 Billion Sweetened Buyout Bid

Australia's Abacus Storage King gets $1.43 billion sweetened buyout bid

Abacus Storage receives $2.2B takeover bid after shunning earlier offer

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Abacus Storage Kings has a received a $2.2 billion takeover offer from a consortium of Ki Corporation, the family office of South African businessman Nathan Kirsh, and New York Stock Exchange-listed Public Storage, after rejecting a $1.9 billion offer in May.… …

Why Abacus Storage King, DroneShield, Hansen, and Macquarie Technology shares are charging higher

The S&P/ASX 200 Index (ASX: XJO) has fought back from a soft start and is edging higher. At the time of writing, the benchmark index is up 0.15% to 8,592.5 points. Four ASX shares that are rising more than most today are listed below. Here's why they are climbing: Abacus Storage King (ASX: ASK) The Abacus Storage King share price is up almost 6% to $1.56. This has been driven by news that the self-storage operator has received an improved takeov…