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IFM Investors, ISPT shareholders agree terms for $240b merger

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Property investor ISPT is ready to sign on the dotted line with IFM Investors in a $240 billion merger, after more than a year of negotiations.

IFM Investors CEO David Neal previously led Future Fund.  Rhett Wyman

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/ifm-investors-ispt-shareholders-agree-terms-for-240b-merger-20240826-p5k5d1