Ibex Technologies (TSE:IBT) has released an update.
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IBEX Technologies Inc. has announced an addendum to its management proxy circular regarding its upcoming acquisition by BBI Solutions OEM Limited, with a share purchase price set at $1.45. Shareholders holding an approximate 59.15% of IBEX’s outstanding shares have already agreed to support the transaction. The Board of Directors has unanimously recommended that shareholders approve the amalgamation during the special meeting scheduled for April 3, 2024.
For further insights into TSE:IBT stock, check out TipRanks’ Stock Analysis page.
