Dynamic Group Holdings Limited (AU:DDB) has released an update.
Dynamic Group Holdings Ltd has received an on-market takeover offer from Australian Food Super (AFS) at A$0.28 per share, remaining open until 9 September 2024. Shareholders are advised to hold off on any action until a formal recommendation from Dynamic Group’s Directors is issued, as there may be potential for a higher bid. Sternship Advisers and Hamilton Locke have been appointed to provide advice to Dynamic Group regarding the offer.
For further insights into AU:DDB stock, check out TipRanks’ Stock Analysis page.
