Canadian firm Brookfield Asset Management has edged closer to outright ownership of Thakral Holdings Group
(ASX:THG) as it advised the market yesterday it had reached 90 per cent acceptances to its off-market takeover bid.
Brookfield sweetened its offer last week lifting its bid to $0.81 per share for the listed trust.
Brookfield’s entity Bidco has advised it requires 93 per cent support from shareholders to secure its ownership.
Thakral booked a net profit of $2.6 million in the 2012 financial year.