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Sovereign Cloud Holdings Ltd. ( (AU:CYB) ) just unveiled an update.
AUCyber Limited has received a proposal from Interactive Pty Ltd for the acquisition of its shares, which the board has not considered superior to the existing offer from 5GN. The board recommends shareholders accept 5GN’s Revised Offer, emphasizing its commitment to maximizing shareholder value while remaining open to superior proposals.
More about Sovereign Cloud Holdings Ltd.
AUCyber Limited, a publicly listed company, operates in the cybersecurity and cloud services industry, offering comprehensive cyber security, secure private cloud, and managed technology services. It caters to enterprise and government customers in Australia, employing security-cleared professionals and holding key security certifications.
YTD Price Performance: -10.0%
Average Trading Volume: 265,252
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$23.72M
See more data about CYB stock on TipRanks’ Stock Analysis page.
