Ki Corporation and Public Storage Update Offer to Acquire Abacus Storage King

  • GLENDALE, Calif.--(BUSINESS WIRE)--Ki Corporation and Public Storage (NYSESA) (together, the “Consortium”) announced today a revised non-binding indicative offer (NBIO) to acquire Abacus Storage King (ASX:ASK) for cash consideration of A$1.65 per stapled security. The Consortium and Abacus Storage King have agreed to proceed with due diligence based on the revised terms. “We are excited to take the next step towards this potential combination with Abacus Storage King in partnership with Ki Co.