trending Market Intelligence /marketintelligence/en/news-insights/trending/c2d5PWzJvevwfcMW9ta2hA2 content esgSubNav
In This List

Aspen Group enters deed of confidentiality with Discovery

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Blog

Infographic: The Big Picture 2023 Issuer & Investor Relations Outlook

Infographic

Infographic: The Big Picture 2023 Sustainability Outlook


Aspen Group enters deed of confidentiality with Discovery

Aspen Group said it entered a deed of confidentiality with Discovery Holiday Parks Pty Ltd as regards its investment management proposal for the Australian property company.

The two parties have started reviewing whether the proposal can result in a binding deal that would be in the best interest of Aspen Group's security holders, the company said in a release, adding that the discussions may not lead to a transaction. Any binding proposal that Discovery puts forward remains subject to approval by the holders of Aspen's securities.

Aspen will hold an extraordinary general meeting Jan. 11 to consider separate investment management propositions from Discovery and Mill Hill Capital, Aspen's largest security holder.