IEL offer
The Sydney-based Brierley arm, Industrial Equity, Ltd, will make offers for all the issued income and growth units of the the lEL Property Trust. The offer will be one lEL share for every five income or growth units. lEL said it is currently entitled to 8.6 million income units and 7.6 million growth units. Documents were being prepared and should be mailed to unit holders in 6 to 8 weeks.
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Bibliographic details
Press, 30 July 1986, Page 41
Word Count
72IEL offer Press, 30 July 1986, Page 41
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Acknowledgements
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