Namoi Cotton Ltd (AU:NAM) has released an update.
Louis Dreyfus Company Melbourne Holdings Pty Ltd (LDC) has reported a change in their substantial holding in Namoi Cotton Limited, with their voting power increasing from 20.10% to 21.30%. The change comes after a series of share acquisitions and disposals under a takeover offer at $0.67 per share. These transactions reflect the dynamic nature of LDC’s investment in Namoi Cotton, highlighting a potential strategic interest in the company.
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