Developer Villa World Enters $293m Takeover Deal

Builder Brokers 18001BUILD Avid VillaWorld takeover

Property developer Villa World has entered into a binding agreement with Avid Property Group in a $293.6 million takeover deal.  Under the scheme, ASX-listed Villa World agreed to $2.3451 cash per share. Independent chair of Villa World Mark Jewell said once the scheme is implemented shareholders will receive a cash payment at a “meaningful premium to the […]