Namoi Cotton Ltd (AU:NAM) has released an update.
Namoi Cotton Limited has issued a second supplementary target’s statement in response to an off-market takeover bid by Louis Dreyfus Company Melbourne Holdings Pty Ltd. The statement, containing important information for shareholders, is now available and the independent directors of Namoi have unanimously advised shareholders to reject the offer. Shareholders can access the statement online or request a hard copy, and are encouraged to seek independent financial advice.
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