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Hot Topic Summer features
Investment
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Bidding war breaks out for ASX-listed builder AV Jennings

The takeover battle has seen the company’s value double since November.

AV Jennings’ Ara Hills development.

ASX-listed home builder AV Jennings, known in New Zealand for its Ara Hills development in Orewa and the Hobsonville Point development in Auckland, has become the prize in a bidding war after a surprise offer announced yesterday.

Singapore-listed Ho Bee Land launched a A$391 million ($433m) bid

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Lachlan Colquhoun Thu, 16 Jan 2025
Contact the Writer: lachlan@nbr.co.nz
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Bidding war breaks out for ASX-listed builder AV Jennings
Investment,
107415
true