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AVJennings in Acquisition Talks with Ho Bee Land and AVID

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AVJennings in Acquisition Talks with Ho Bee Land and AVID

Avjennings Limited ( (AU:AVJ) ) just unveiled an update.

AVJennings Limited is currently engaged in discussions with two separate parties, Ho Bee Land Limited and AVID Property Group, regarding non-binding proposals to acquire all outstanding shares. While the exclusivity period for both proposals has expired, due diligence is ongoing, and there is no certainty that a binding offer will emerge. AVJennings will continue to update stakeholders as developments occur.

More about Avjennings Limited

AVJennings Limited is a company involved in the property development industry, focusing on residential and community property projects.

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €96.74M

For a thorough assessment of AVJ stock, go to TipRanks’ Stock Analysis page.

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