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Acta Targets 25% Stake in Helix Resources
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Acta Targets 25% Stake in Helix Resources

Helix Resources Limited (AU:HLX) has released an update.

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Acta Investment Group Pty Ltd has launched an off-market proportional takeover bid for 25% of the shares in Helix Resources Limited that it doesn’t already own. The offer follows requirements under Chapter 6 of the Corporations Act 2001, and an ASIC Form 604 has been issued by Acta to notify of the change in interests of a substantial holder.

For further insights into AU:HLX stock, check out TipRanks’ Stock Analysis page.

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