Allegra Orthopaedics Limited (AU:AMT) has released an update.
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Allegra Innovations Pty Ltd has announced an off-market bid to acquire all ordinary shares of Allegra Medical Technologies Limited, indicating that the offer is now unconditional. As of the date of the notice, Allegra Innovations holds a significant 80.60% voting power in the target company. This move could mark a major consolidation in the medical technology sector.
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