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Swoop Telecommunications Extends Takeover Offer for Vonex Limited
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Swoop Telecommunications Extends Takeover Offer for Vonex Limited

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

Swoop Telecommunications Pty Ltd, a wholly-owned subsidiary of Swoop Holdings Limited, has extended its off-market takeover offer to acquire up to 100% of the shares it does not already own in Vonex Limited. The offer period has now been extended to remain open until 7 pm on January 31, 2025, with the new date for the status of offer conditions set for January 23, 2025. This extension ensures that Vonex shareholders have additional time to consider the offer, impacting the potential acquisition’s timeline and future corporate structure.

More about Vonex Limited

YTD Price Performance: 10.0%

Average Trading Volume: 1,830,078

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$15.92M

Learn more about VN8 stock on TipRanks’ Stock Analysis page.

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