TT Investments Sets Firm Close Date for 360 Capital Takeover Offer

Takeover Offer Closure Confirmed

TT Investments Pty Limited, acting as trustee for the TT Investment Trust, has officially confirmed that its unconditional off-market takeover bid for 360 Capital Group (ASX, TGP) will close at 7, 00pm Sydney time on Thursday, 13 November 2025. The offer, priced at $0.31 per stapled security, will not be extended beyond this deadline, bringing a clear end date to the acquisition attempt.

Background to the Bid

The takeover offer was initially announced earlier in November and represents a strategic move by TT Investments to acquire all remaining securities in 360 Capital Group that it does not currently own. 360 Capital Group is a listed investment and funds management entity focused on real estate equity and credit opportunities across Australia. The group’s Independent Board Committee has kept securityholders informed throughout the process, emphasizing transparency and adherence to regulatory requirements.

Implications for Securityholders

Securityholders of 360 Capital Group now face a definitive deadline to decide whether to accept the all-cash offer. The firm close date removes uncertainty about the bid’s timeline, allowing investors to weigh their options with clarity. While the announcement does not disclose current acceptance levels or detailed post-offer plans, it directs stakeholders to prior communications for further insight into TT Investments’ intentions following the offer’s closure.

Market and Strategic Considerations

This takeover bid highlights ongoing consolidation trends within the Australian investment management sector, particularly in real estate-focused funds. TT Investments’ move to secure full ownership could signal a strategic repositioning or a desire to streamline governance and capital allocation. Market participants will be watching closely for any shifts in 360 Capital’s operational strategy or asset management approach post-acquisition.

Next Steps

With the offer closing imminently, attention will turn to the level of acceptance and whether TT Investments achieves the necessary thresholds to gain control. The outcome will have implications for 360 Capital’s future direction, its existing management team, and its shareholders. Analysts and investors alike will be keen to monitor any announcements following the close date to understand the full impact of this takeover bid.