Namoi Cotton Ltd (AU:NAM) has released an update.
Olam Agri Australia Pty Ltd has made an off-market takeover bid to acquire all shares of Namoi Cotton Limited, with a recent notice indicating that Olam Agri now holds a 1.07% interest in the company. The acquisition of these shares is a result of the takeover offer detailed in their Replacement Bidder’s Statement dated 16 May 2024. Interested parties and investors should note this significant move by Olam Agri as it could impact Namoi Cotton’s stock and overall company structure.
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