Nov 26 (Reuters) - Australia's National Storage REIT ( NTSGF )
said on Wednesday it has received a A$4.02 billion
($2.61 billion) takeover offer from a consortium including
Brookfield and GIC Investments.
Under the offer, the consortium has proposed to pay National
Storage shareholders A$2.86 in cash per share, a 26.5% premium
to the stock's last close on Tuesday.
National Storage said it has agreed to provide exclusive due
diligence access to the consortium till December 7.
The offer comes after an earlier confidential proposal and
certain negotiations, including providing limited due diligence
to the consortium, the company said in a statement.
($1 = 1.5380 Australian dollars)
(Reporting by John Biju & Sherin Sunny in Bengaluru; Editing by
Mrigank Dhaniwala and Subhranshu Sahu)