IFM set to increase Atlas Arteria bid to $7.4b; Jarden bids for shares (opens original article in a new tab)

IFM Investors plans to increase its takeover bid for Atlas Arteria to $5.10 per share, a 7.4% rise from its initial offer, while removing conditions. Atlas Arteria is a $7.4 billion toll road operator.

• IFM Investors to raise bid for Atlas Arteria to $5.10 per share
• Increase of 7.4% from original $4.75 offer
• Atlas Arteria is a $7.4 billion toll road operator
• IFM to remove conditions from the takeover offer