SYDNEY, June 26 (Reuters) - Australian property developer Stockland Group (SGP.AX) will retain its holding in FKP Property Group (FKP.AX) by participating in FKP's A$324 million ($258 million) rights offer, Stockland said in a statement on Friday.
Stockland, which owns 14.9 percent stake in FKP, will pay A$48 million to maintain its holding. ($1=A$1.25) (Reporting by Denny Thomas;)
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