Workflow
PSA, Ki Consortium Revises Bid for Abacus Storage King to A$1.65
Public StoragePublic Storage(US:PSA) ZACKS·2025-07-14 23:11

Key Takeaways PSA and Ki Consortium raised their offer for Abacus Storage King to A1.65perstapledsecurity.TheconsortiumplanstoacquireallAbacussecuritiesnotalreadyheldbyKiGroup.PublicStorageseekstoapplyitsexpertisetoexpandAbacusoperationsandboostcustomerexperience.PublicStorage(PSA)andKiCorporation,asaconsortium,haveannouncedarevised,non−bindingoffertoacquireAbacusStorageKingatapriceofA1.65 per stapled security. The consortium plans to acquire all Abacus securities not already held by Ki Group. Public Storage seeks to apply its expertise to expand Abacus operations and boost customer experience.Public Storage (PSA) and Ki Corporation, as a consortium, have announced a revised, non-binding offer to acquire Abacus Storage King at a price of A1.65 per stapled security. This new offer marks an increase from ...