FCL on track to acquire Australand

FRASERS Centrepoint Ltd (FCL) is on track to complete its biggest acquisition after more than half of Australand Property Group shareholders accepted the Singapore company's takeover offer, according to two people familiar with the matter.

Frasers has received enough acceptances from the Australian company's equity investors to make its A$4.48 cents a share bid unconditional, said the peopl…