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‘No choice’: ARA launches unsolicited $520m takeover bid for Cromwell – Sydney Morning Herald

ARA Asset Management steps up its bitter battle with Cromwell, seeking to clear out the property landlord’s board with an unsolicited $520m takeover bid.

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The takeover attempt is the latest round of hostilities in a protracted fight between Cromwells management and ARA for control of the company.
ARA has been tussling with Cromwell, accusing its board…

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