Webcentral Ltd (AU:5GN) has released an update.
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5G Networks Ltd has launched an unconditional on-market takeover bid to acquire all shares of Aucyber Ltd at 11 cents per share, offering a straightforward cash exit for shareholders. This move provides a slight premium over recent trading prices, signaling 5G Networks’ strategic interest in expanding its digital services portfolio. The offer is set to begin on January 6, 2025, and conclude on February 6, 2025, unless extended or withdrawn.
For further insights into AU:5GN stock, check out TipRanks’ Stock Analysis page.
