South Bow Corp (TSE:SOBO) has released an update.
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South Bow Corp. has advised shareholders to reject TRC Capital’s unsolicited mini-tender offer to buy shares at a below-market price. The offer was made at a discount of 4.6% to 7.4% compared to recent market prices, prompting South Bow to caution investors about potential risks. Shareholders are encouraged to consult financial advisors and consider withdrawing any shares already tendered.
For further insights into TSE:SOBO stock, check out TipRanks’ Stock Analysis page.
