Edition:
United States

NEXTDC Ltd (NXT.AX)

NXT.AX on Australia Stock Exchange

5.66AUD
15 Dec 2017
Change (% chg)

$0.01 (+0.18%)
Prev Close
$5.65
Open
$5.66
Day's High
$5.68
Day's Low
$5.63
Volume
529,399
Avg. Vol
1,239,545
52-wk High
$6.01
52-wk Low
$3.02

Latest Key Developments (Source: Significant Developments)

360 Capital Group responds to NEXTDC announcement on co's takeover offer for APDC
Tuesday, 26 Sep 2017 11:10pm EDT 

Sept 27 (Reuters) - 360 Capital Group Ltd ::Takeover offer response to NEXTDC announcement.360 capital has instructed its broker to purchase APDC securities on market up to offer price of $1.95 per APDC security."Announcement by NEXTDC is misleading".360 capital's offer is fully funded as described in its bidder's statement dated 26 September 2017.Notes announcement from NEXTDC alleging funding risks in relation to co's offer for Asia Pacific Data Centre Grou​p.  Full Article

Asia Pacific Data Centre recommends that APDC securityholders do not accept NEXTDC offer​
Thursday, 14 Sep 2017 01:31am EDT 

Sept 14 (Reuters) - Asia Pacific Data Centre Group ::Board unanimously recommends that APDC securityholders do not accept NEXTDC offer​.  Full Article

Asia Pacific Data Centre updates on 360 capital offer
Wednesday, 13 Sep 2017 06:26pm EDT 

Sept 14 (Reuters) - Asia Pacific Data Centre Group :Board has determined that 360 Capital offer constitutes a superior proposal.Board expects that it will recommend APDC securityholders accept 360 Capital offer, in absence of a superior proposal.  Full Article

Asia Pacific Data Centre updates on takeover offer by 360 Capital
Wednesday, 13 Sep 2017 02:11am EDT 

Sept 13 (Reuters) - Asia Pacific Data Centre Group ::Notes announcement by 360 Capital in relation to takeover offer to buy all securities of APDC for $1.95 per APDC security​.Expects to be in a position to provide further information prior to market open on thursday 14th Sept 2017.Board is considering the 360 offer‍​.  Full Article

Asia Pacific Data Centre updates on discussions with 360 Capital Group
Thursday, 7 Sep 2017 08:09pm EDT 

Sept 8 (Reuters) - Asia Pacific Data Centre Group ::Has been in extensive ongoing discussions with 360 Capital Group regarding development of its alternative proposal to acquire APDC securities.In considering alternative proposal, board informed 360 Capital that it is supportive of it submitting an all-cash, fully-funded takeover offer.Board is not supportive of a debt funded capital distribution of $0.65 per APDC security.Informed 360 Capital it does not propose to make capital distribution of $0.65 per APDC security as set out in proposal.Recommends that APDC securityholders accept NEXTDC offer of $1.87 cash per APDC security, in absence of a superior proposal.Remains open to 360 Capital to put forward an all-cash, fully-funded takeover bid at price exceeding NEXTDC offer.  Full Article

NEXTDC posts FY statutory net profit after tax of $23.0 mln
Wednesday, 30 Aug 2017 06:18pm EDT 

Aug 31 (Reuters) - Nextdc Ltd :FY revenue of $123.6 million versus $92.8 million.FY statutory net profit after tax of $23.0 million versus $1.8 million.  Full Article

NEXTDC's new facilities to replace existing A$100 mln debt facility
Sunday, 13 Aug 2017 06:22pm EDT 

Aug 14 (Reuters) - NEXTDC Ltd :New facilities to replace Co’s existing A$100 million undrawn senior secured debt facility.‍Agreed credit approved terms with its relationship bank in relation to A$300 million 3-year syndicated senior secured debt facilities​.  Full Article

360 Capital Group notes increased offer by NEXT DC for asia Pacific Data Centres
Sunday, 30 Jul 2017 08:56pm EDT 

July 31 (Reuters) - 360 Capital Group Limited :360 Capital Group (asx tgp) notes increased offer by next dc (asx nxt) for asia pacific data centres (ajd).360 Capital has signed a confidentiality agreement and expects to commence due diligence today.Note next dc price is not expressed to be final and therefore next dc is capable of increasing offer price.  Full Article

Asia Pacific Data Centre continues discussion about acquisition of its assets or securities
Wednesday, 26 Jul 2017 02:54am EDT 

July 26 (Reuters) - Asia Pacific Data Centre Group :Discussions continue with a number of parties in relation to proposals to acquire assets or securities of Co.  Full Article

NEXTDC proposes to acquire all ordinary securities of to Asia Pacific Data Centre
Tuesday, 25 Jul 2017 08:15pm EDT 

July 26 (Reuters) - NEXTDC Limited ::Has proposed to Asia Pacific Data Centre for offer to acquire all ordinary securities of AJD that it does not already own at $1.85 per security.  Full Article

BRIEF-360 Capital Group responds to NEXTDC announcement on co's takeover offer for APDC

* 360 capital has instructed its broker to purchase APDC securities on market up to offer price of $1.95 per APDC security