Australand: Frasers Centrepoint Tightens Grip on Australand

(4-traders.com) By Ross Kelly SYDNEY--Frasers Centrepoint Ltd. (TQ5.SG) tightened its grip on residential developer and office landlord Australand Ltd. (>> Australand Property Group), after a major shareholder accepted its 2.59 billion Australian dollar (US$2.41 billion) takeover bid. Australia's Stockland (>> Stockland...http://www.4-traders.com/FRASERS-CENTREPOINT-LTD-16902978/news/Frasers-Centrepoint-Tightens-Grip-on-Australand-18905835/