Alterra Limited (AU:1AG) has released an update.
Alterra Limited, known for its Carpenters avocado project and holding a 15% share in Carbon Conscious Investments Limited, has announced its intention to accept an acquisition offer from Sandon Capital Investments Limited. This decision is pending a superior offer and will be put to shareholder vote along with a proposal to de-list from the ASX. The transaction reflects Alterra’s ongoing strategy to explore additional horticultural opportunities and create shareholder value.
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