JSE-listed landlord Dipula Income Fund has stepped forward as another possible suiter forSA Corporate, the property owner whose board has been in a state of flux and whose shares have fallen over the past two years, said in JuneEarlier in July, Emira Property Fund said it was keen to buy the companyOn Friday, Dipula said it had proposed the acquisition of SA Corporate via “a friendly merger”. It first expressed its interest to the company’s board at the end of May, it said.
SA Corporate shareholders would own about 64% of Dipula A shares and 70% of Dipula B shares if the transaction went ahead.
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