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HTABV Launches Takeover Bid for Remaining HTAL Shares

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HTABV Launches Takeover Bid for Remaining HTAL Shares

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Hutchison Telecommunications (Australia) Limited ( (AU:HTA) ) has shared an update.

Hutchison Telecommunications (Amsterdam) B.V. (HTABV), a subsidiary of CK Hutchison Holdings Limited, has initiated an off-market takeover bid for all remaining ordinary shares of Hutchison Telecommunications (Australia) Limited (HTAL) that it does not already own. The notice of dispatch for the bidder’s statement has been sent to all relevant shareholders, offering them the opportunity to accept the bid through electronic or physical means, depending on their communication preferences.

More about Hutchison Telecommunications (Australia) Limited

Average Trading Volume: 140,307

Technical Sentiment Signal: Hold

Current Market Cap: A$434.3M

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

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