tiprankstipranks
Quickstep Holdings Targeted by ASDAM’s Premium Takeover Bid
Company Announcements

Quickstep Holdings Targeted by ASDAM’s Premium Takeover Bid

Quickstep Holdings Limited (AU:QHL) has released an update.

Don't Miss our Black Friday Offers:

ASDAM Operations has announced an all-cash takeover bid for Quickstep Holdings at A$0.40 per share, representing a significant premium over recent trading prices. The offer is contingent on several conditions, including a 90% acceptance rate from Quickstep shareholders. This move promises shareholders a substantial gain, providing a 105% premium to the last closing price, while offering certainty and minimal conditionality.

For further insights into AU:QHL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskHarvest Lane Boosts Stake in Quickstep Holdings
TipRanks Australian Auto-Generated NewsdeskQuickstep Holdings Ceases Over 1 Million Performance Rights
TipRanks Australian Auto-Generated NewsdeskQuickstep Holdings Updates Director’s Securities Interests
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App