Sovereign Cloud Holdings Ltd. (AU:CYB) has released an update.
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AUCyber Limited is urging shareholders to reject an unsolicited takeover bid from 5G Networks Limited, offering $0.11 per share for all AUCyber shares. The company’s board has released a Target’s Statement outlining their recommendation to reject the offer and providing essential information for shareholders to make an informed decision. Investors are encouraged to review this statement thoroughly and consider seeking independent advice.
For further insights into AU:CYB stock, check out TipRanks’ Stock Analysis page.