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Elph Investments Raises Offer for Engenco Limited Takeover

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Elph Investments Raises Offer for Engenco Limited Takeover

Elevate Your Investing Strategy:

Engenco Limited ( (AU:EGN) ) just unveiled an announcement.

Elph Investments Pty Ltd has announced an increase in its offer price for the off-market takeover bid of Engenco Limited, raising the price from $0.305 to $0.31 per share. This final offer price aims to acquire all ordinary shares of Engenco, and the increase reflects Elph’s commitment to securing the acquisition, potentially impacting Engenco’s market position and shareholder value.

More about Engenco Limited

Average Trading Volume: 75,873

Technical Sentiment Signal: Hold

Current Market Cap: A$90.06M

See more insights into EGN stock on TipRanks’ Stock Analysis page.

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