Public Storage (PSA) and Ki Corporation have submitted a non-binding indicative offer to acquire Abacus Storage King for A$1.47 per stapled security. Particularly, PSA and Ki aim for the acquisition of all outstanding stapled securities of Abacus that are not held by Ki Group, Abacus’ major security holder.The transaction, if materializes, would result in each of Public Storage and Ki holding approximately 50% interest in Abacus Storage King, which is one of the largest self-storage owners in Australia and ...