Abacus Group completed the Spin-Off of Abacus Storage King.
Barrenjoey Advisory Pty Limited and Morgan Stanley Australia Limited acted as financial advisors, King & Wood Mallesons acted as a legal advisor, PricewaterhouseCoopers Australia and Ernst & Young Strategy and Transactions Limited, Accounting acted as accountants, Ernst & Young provided the due diligence services, Boardroom Pty Limited acted as an agent and Kroll, LLC provided the fairness opinion to Abacus Property.
Abacus Group completed the Spin-Off of 80.1 % stake Abacus Storage King (ASX:ASK) on July 27, 2023.