Helix Resources Limited (AU:HLX) has released an update.
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Acta Investment Group Pty Ltd has announced an off-market proportional takeover bid for 25% of Helix Resources Limited shares, with each shareholder set to receive $0.005 cash per share. The bidder’s statement has been lodged with the Australian Securities and Investments Commission and shareholders of Helix Resources have been advised to consult their financial advisors for guidance on the offer.
For further insights into AU:HLX stock, check out TipRanks’ Stock Analysis page.