IRES open to Barings all-cash takeover bid at €1.386 per share
Board says it would back a firm offer at the latest price if made. Barings has until Nov. 9 to bid or walk away, unless extended.
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Ireland's top private landlord IRES open to $827 million takeover bid from Barings
Irish Residential Properties REIT TMP:IRESI, Ireland's largest private residential landlord, said on Monday it would be inclined to recommend a possible all-cash takeover offer from asset manager Barings at €1.386 per share, implying an equity value of about €726.88 million ($827.12 million).($1…