APDC takeover offer lapsed
NextDC requests that two of the Company’s nominees be appointed as Directors on the Board of APDC.
NEXTDC Limited (ASX: NXT) (“NEXTDC” or “the Company”) advises that its unconditional all-cash offer of $1.87 per security (“NEXTDC Offer”) for the Asia Pacific Data Centre Group (ASX:AJD or “APDC”) lapsed at 7.00pm AEST, 15 September 2017.
NEXTDC has successfully achieved a 29.2% interest in APDC securities and will now evaluate developments when key information becomes available.
NEXTDC has now formally requested that two of the Company’s nominees be appointed as Directors on the Board of APDC, commensurate with our level of ownership in APDC.