I-RES says Barings proposes all-cash offer at € 1.386 per share
Bitget2026/09/28 06:01- Barings made proposals for an all-cash acquisition of Irish Residential Properties REIT, offering EUR 1.386 per ordinary share.
- Approach began Aug. 5, 2026; the latest proposal is Barings’ fifth.
- The board indicated it would be minded to recommend a firm offer on those terms, subject to confirmatory due diligence.
- Barings must decide by 5 p.m. Nov. 9, 2026 whether to proceed with a firm offer.
- Irish Residential Properties REIT has 524,442,218 ordinary shares outstanding.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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