June 13, 2018 / 12:49 AM / 11 days ago

Australia's Gateway Lifestyle gets takeover offer from Hometown

June 13 (Reuters) - Australia’s Gateway Lifestyle Group on Wednesday said it received a confidential, non-binding offer from Hometown Australia Holdings Pty Ltd and Hometown America Communities Ltd Partnership.

The offer is for A$2.10 per stapled security, and is subject to a conditions including due diligence and approval by the Australian foreign investment regulator.

$1 = 1.3207 Australian dollars Reporting by Susan Mathew in Bengaluru; Editing by Edwina Gibbs

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