Q: Looks like good deal for Minto Reit. What does 5i think Tender shares at $18.00 when does it close. I will be making small profit $275.00
5i Research Answer:
It is a friendly, all-cash deal at a 32% premium, and it has 40%+ shareholder support. It closes 'second half of 2026'. We do not see much closing risk here. We would be fine to tender shares with the meeting expected in March.