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Duxton Farms Proposes Acquisition of Duxton Orchards Shares

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Duxton Farms Proposes Acquisition of Duxton Orchards Shares

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Duxton Farms Limited ( (AU:DBF) ) just unveiled an update.

Duxton Farms Limited has proposed a scheme of arrangement to acquire all preference shares in Duxton Orchards Pty Ltd. The directors of Duxton Orchards and its sub-committee recommend shareholders vote in favor of the scheme, provided no superior proposal emerges and the independent expert maintains its positive assessment. This acquisition could potentially consolidate Duxton Farms’ holdings, impacting its operational strategy and market positioning.

More about Duxton Farms Limited

Average Trading Volume: 71,513

Technical Sentiment Signal: Sell

Current Market Cap: A$44.51M

For an in-depth examination of DBF stock, go to TipRanks’ Overview page.

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