Atlas Arteria Receives Second Supplementary Bidder's Statement
Key points
- Diamond Infraco 1 issues second supplementary bidder's statement
- Statement supplements previous bidder's statement
- Bidder disagrees with Atlas Arteria's Target's Statement
- Regulatory approvals for the offer have been confirmed
Full summary
Diamond Infraco 1 Pty Ltd, a subsidiary of IFM Global Infrastructure Fund, has issued its second supplementary bidder's statement in relation to its takeover offer for Atlas Arteria. This statement supplements the previous bidder's statement and addresses Atlas Arteria's Target's Statement, expressing strong disagreement with the arguments presented by the Independent Directors. Additionally, the bidder confirms that the regulatory approval conditions, including EU merger control and US HSR, have been satisfied.
Outlook
Diamond Infraco 1 intends to provide a more detailed response to Atlas Arteria's Target's Statement in due course.
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