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MaxoTel Extends Takeover Bid for Vonex Limited
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MaxoTel Extends Takeover Bid for Vonex Limited

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Vonex Limited ( (AU:VN8) ) has shared an update.

Maxo Telecommunications Pty. Ltd. has announced an extension of its takeover bid for all fully paid ordinary shares in Vonex Limited, extending the offer period until January 28, 2025. This extension provides stakeholders additional time to consider the offer, potentially impacting Vonex’s market positioning and shareholder dynamics.

More about Vonex Limited

Vonex Limited is a company in the telecommunications industry, offering services and solutions aimed at enhancing communication for businesses and consumers. Its market focus includes expanding its reach and acquiring strategic assets to strengthen its position in the telecommunications sector.

YTD Price Performance: 10.0%

Average Trading Volume: 1,824,631

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$15.92M

See more data about VN8 stock on TipRanks’ Stock Analysis page.

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