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Duxton Farms Proposes Acquisition of Remaining Duxton Dried Fruits Shares

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Duxton Farms Proposes Acquisition of Remaining Duxton Dried Fruits Shares

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Duxton Farms Limited ( (AU:DBF) ) has provided an update.

Duxton Farms Limited is proposing to acquire all preference shares in Duxton Dried Fruits Pty Ltd that it does not already own through a scheme of arrangement. The directors of Duxton Dried Fruits and an independent sub-committee recommend shareholders vote in favor of the scheme, provided no superior proposal arises and the independent expert maintains that the scheme is in the best interests of shareholders.

More about Duxton Farms Limited

Average Trading Volume: 71,513

Technical Sentiment Signal: Sell

Current Market Cap: A$44.51M

For detailed information about DBF stock, go to TipRanks’ Stock Analysis page.

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