ESR Real Estate is looking to extend the offer period in respect of the takeover bid for fund manager Propertylink Group (ASX:PLG)
so that offers made remain open for acceptance until 28 February 2019.
The local arm of the Asian logistics platform lobbed a cash offer of $1.15 per share for the company back in September.
That bid has now been adjusted to $1.164 per share, taking into account a 3.6¢ dividend to be paid on January 31.
Shares in Propertylink Group (ASX:PLG)
closed flat at $1.16 yesterday.