June 13 (Reuters) - Australia’s Gateway Lifestyle Group on Wednesday said it received a confidential, non-binding offer from Hometown Australia Holdings Pty Ltd and Hometown America Communities Ltd Partnership.
The offer is for A$2.10 per stapled security, and is subject to a conditions including due diligence and approval by the Australian foreign investment regulator.
$1 = 1.3207 Australian dollars Reporting by Susan Mathew in Bengaluru; Editing by Edwina Gibbs