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360 Capital Group Receives Final Takeover Offer from TT Investments

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360 Capital Group Receives Final Takeover Offer from TT Investments

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360 Capital Group Limited ( (AU:TGP) ) has provided an update.

360 Capital Group has received an unconditional off-market takeover bid from TT Investments, which has increased its offer price to $0.31 cash per security. The Independent Board Committee advises securityholders to take no action at this time and has engaged Grant Thornton Corporate Finance to prepare an independent expert’s report on the fairness of the offer.

The most recent analyst rating on (AU:TGP) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on 360 Capital Group Limited stock, see the AU:TGP Stock Forecast page.

More about 360 Capital Group Limited

360 Capital Group is an ASX-listed investment and funds management group, specializing in strategic and active investment management of real estate assets. The company operates in Australia, focusing on real estate equity and credit opportunities, and collaborates with stakeholders to identify and capitalize on investment opportunities.

Average Trading Volume: 189,704

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$56.68M

See more insights into TGP stock on TipRanks’ Stock Analysis page.

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