Namoi Cotton Ltd (AU:NAM) has released an update.
Louis Dreyfus Company Melbourne Holdings Pty Ltd has increased its substantial holding in Namoi Cotton Limited, now owning 67.49% of the voting shares after recent acquisitions through a takeover offer and an on-market transaction. The change in stake, which represents a rise from the previous 64.32%, occurred on 4th October 2024 and involved the purchase of 6,437,267 shares through the takeover offer and an additional 109,814 shares bought on the market.
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