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Amrize Advises Against TRC Capital’s Mini-Tender Offer

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Amrize Advises Against TRC Capital’s Mini-Tender Offer

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Amrize Ltd ( (AMRZ) ) just unveiled an update.

Amrize Ltd has advised its shareholders to reject an unsolicited mini-tender offer from TRC Capital Investment Corporation, which aims to purchase a small percentage of Amrize’s ordinary shares at a price below the current market value. The company warns that such offers can catch investors off guard, potentially leading them to sell their shares at below-market prices, and highlights that the offer is subject to several conditions. Amrize encourages shareholders to seek current market quotations and consult financial advisors before making decisions.

The most recent analyst rating on (AMRZ) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on Amrize Ltd stock, see the AMRZ Stock Forecast page.

More about Amrize Ltd

Amrize Ltd, listed on the NYSE and SIX Swiss Exchange, is a leading partner for professional builders in North America, providing advanced branded solutions from foundation to rooftop. With a vast network of over 1,000 sites and 19,000 employees, Amrize serves various construction markets, including infrastructure, commercial, residential, new build, repair, and refurbishment, achieving $11.7 billion in revenue in 2024.

Average Trading Volume: 3,179,212

Current Market Cap: $28.72B

See more data about AMRZ stock on TipRanks’ Stock Analysis page.

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