360 Capital wins control but not full ownership of Asia Pacific Data Centres

Nick LenaghanProperty editor

Updated Nov 7, 2017 – 5.18pm, first published at 11.33am

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Fund manager Tony Pitt's 360 Capital has won control, but not outright ownership, of its takeover target, the $225 million Asia Pacific Data Centres.

Acceptances of Mr Pitt's takeover bid have risen close to 62 per cent, allowing 360 Capital to extend the offer for two more weeks.

Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts.