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An announcement from Dynamic Group Holdings Limited ( (AU:DDB) ) is now available.
Dynamic Group Holdings Limited, listed on the ASX, is undergoing a significant change in its shareholder structure following an on-market takeover bid by Australian Food Super (AFS). AFS, holding a substantial 98.979% interest in Dynamic Group Holdings, is set to initiate a compulsory buy-out for the remaining convertible securities. This move further consolidates AFS’s control over the company, marking a significant shift in corporate ownership and potentially impacting the company’s strategic direction and its stakeholders.
More about Dynamic Group Holdings Limited
YTD Price Performance: 10.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.75M
Learn more about DDB stock on TipRanks’ Stock Analysis page.