Dynamic Group Holdings Limited (AU:DDB) has released an update.
Dynamic Group Holdings Limited is the target of an on-market takeover bid by Australian Meat Industry Superannation Pty Ltd, who are offering A$0.28 cash per share for all issued shares they don’t already own. The unconditional bid will run until September 9, 2024, with the Bidders Broker purchasing shares offered at the set price during this period. This strategic move aims to acquire all outstanding shares of Dynamic Group and consolidate ownership.
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