BUZZ — MAAS rises as Australia clears $1.2 billion unit sale to Heidelberg
* Shares of Australia's MAAS Group rise as much as 9% to A$6.17, marking their biggest intraday pct gain since August 20 * Stock hits highest level since August 21 * Real estate firm says Australia's Treasurer, through the Foreign Investment Review Board, issued a no-objection notice for the proposed sale of its construction materials division to Germany's Heidelberg Materials' local arm * Deal for up to A$1.703 billion ($1.21 billion) * Expects deal to be settled in October 2026 * MGH up nearly 4% this week, extending winning streak to three * YTD, stock up 12.3% ($1 = 1.4057 Australian dollars) (Reporting by Subhalakshmi Dey in Bengaluru) ((mailto:Subhalakshmi.Dey@thomsonreuters.com;)
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