tiprankstipranks
Dynamic Group Nods to AFS Takeover Offer
Company Announcements

Dynamic Group Nods to AFS Takeover Offer

Dynamic Group Holdings Limited (AU:DDB) has released an update.

Don't Miss our Black Friday Offers:

Dynamic Group Holdings Ltd’s board has unanimously accepted the on-market takeover offer by AFS for all shares at $0.28 each, with AFS now controlling over 81% of Dynamic Group shares. The board advises remaining shareholders to accept the offer before it closes on September 9, 2024, warning that share prices may drop and liquidity could decrease, making it hard to sell shares post-offer.

For further insights into AU:DDB stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App