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Atlas Arteria Says Independent Directors Reviewing Response as IFM Takeover Offer Extended

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Atlas Arteria (ASX:ALX) said its independent directors are reviewing their response following the extension of IFM Investors' takeover offer after the bidder increased its voting power above 50%, according to a Wednesday filing with the Australian bourse.

The company said a supplementary target's statement is expected before market open on June 29, the filing added.

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