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Macquarie back on top in Vitalharvest takeover tussle

Nick Lenaghan
Nick LenaghanProperty editor
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Macquarie has clambered back on top in a drawn-out takeover tussle for orchard landlord Vitalharvest, lifting its offer by 1¢ to $1.26 per unit to outbid, yet again, rival Roc Partners.

The Macquarie rejoinder was issued on Friday three hours after Roc itself trumped the previous Macquarie offer of $1.24 per unit, with a $1.25 bid.

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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. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
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    Original URL: https://www.afr.com/property/commercial/macquarie-back-on-top-in-vitalharvest-takeover-tussle-20210430-p57nu9