Australia's Centuria Capital to acquire Primewest for $462m

Australia's Centuria Capital to acquire Primewest for $462m

Sydney Opera House, Sydney, Australia. Photo by Frans on Unsplash

Australian investment manager Centuria Capital Group said on Monday it would buy Primewest Group in a stock and cash deal that values the property fund manager at A$598.8 million ($462.51 million).

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