BRIEF-National Storage REIT Receives Non-Binding Proposal From Brookfield And GIC

Reuters11-26
BRIEF-National Storage REIT Receives Non-Binding Proposal From <a href="https://laohu8.com/S/BN">Brookfield</a> And GIC

Nov 26 (Reuters) - National Storage Reit NSR.AX:

  • CONFIRMS THAT IT HAS RECEIVED AN UNSOLICITED, NON-BINDING, INDICATIVE AND CONDITIONAL PROPOSAL

  • NSR SECURITYHOLDERS WOULD RECEIVE A$2.86 CASH PER STAPLED SECURITY

  • UNDER TERMS OF INDICATIVE PROPOSAL, NSR SECURITYHOLDERS WOULD RECEIVE A$2.86 CASH PER STAPLED SECURITY

  • RECEIVED PROPOSAL FROM A CONSORTIUM OF BROOKFIELD PROPERTY GROUP

  • RECEIVES NON-BINDING PROPOSAL FROM BROOKFIELD AND GIC

  • GRANTS EXCLUSIVITY TO CONSORTIUM UNTIL 7 DECEMBER 2025

  • DETERMINED IT WAS IN BEST INTERESTS TO GRANT CONSORTIUM ACCESS TO DUE DILIGENCE INFORMATION

Further company coverage: NSR.AX

((Reuters.Briefs@thomsonreuters.com;))

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