FilingReader Intelligence
Elanor Commercial Property Fund trading halted amid takeover bid
August 20, 2025 at 10:29 AM UTC•By FilingReader AI
LDR Assets has launched an off-market takeover bid for Elanor Commercial Property Fund at A$0.70 cash per stapled security, a 5.3% premium over the August 1 closing price.
LDR, part of the Lederer Family Office, now holds 27.54% voting power in the fund. The bidder plans to replace the current responsible entity with Evolution Trustees and reduce management fees.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
ASX:ECF•Australian Securities Exchange
News Alerts
Get instant email alerts when Elanor Commercial Property Fund publishes news
Free account required • Unsubscribe anytime