Swoop Holdings Limited (AU:SWP) has released an update.
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Swoop Holdings Limited has made an off-market takeover offer for Vonex Limited, increasing the share exchange ratio to 1 Swoop Share for every 3.8 Vonex Shares, while maintaining the value at $0.05 per Vonex Share. Swoop is also exploring the possibility of offering a cash alternative, contingent on securing financing. The offer is open for acceptance and will close on January 17, 2025, unless extended or withdrawn.
For further insights into AU:SWP stock, check out TipRanks’ Stock Analysis page.
