Australia's Abacus Storage King rejects $1.2 billion takeover bid
ReutersMay 12, 2025 11:43 PM
May 13 (Reuters) - Australia's Abacus Storage King ASK.AX said on Tuesday it had rejected an unsolicited takeover offer from a consortium of Ki Corporation and Public Storage PSA.N, which valued the firm at A$1.93 billion ($1.23 billion).
($1 = 1.5686 Australian dollars)
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