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Australia's Abacus Storage King gets $1.43 billion sweetened buyout bid
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Australia's Abacus Storage King gets $1.43 billion sweetened buyout bid
Jul 13, 2025 4:18 PM

July 14 (Reuters) - Australia's Abacus Storage King ( ABSKF )

said on Monday it received a sweetened non-binding

offer from a consortium of Ki Corporation and U.S.-listed Public

Storage ( PSA ), valuing the firm at A$2.17 billion ($1.43

billion), up from a prior offer of A$1.93 billion.

($1 = 1.5223 Australian dollars)

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