Great World Financial Group Holdings Pty Ltd cancelled the acquisition of Aims Property Securities Fund.
Clayton Utz acted as legal advisor to Great World Financial Group Holdings Pty Ltd. Boardroom Pty Limited and Boardroom Corporate & Advisory Services Pte. Ltd. acted as Registrar to Great World Financial Group Holdings Pty Ltd. Pricewaterhousecoopers Securities Limited, provided the fairness opinion to Aims Property Securities Fund.
Great World Financial Group Holdings Pty Ltd cancelled the acquisition of Aims Property Securities Fund (ASX:APW) on August 18, 2022. PricewaterhouseCoopers Securities Limited, the independent expert, is of the opinion that the Offer is neither fair nor reasonable to non-Associated Unitholders. The Independent Directors have considered the Independent Expert's opinion and recommend the shareholders to Reject the Offer from the Bidder.