Nera Telecommunications Ltd (SG:N01) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Nera Telecommunications Ltd has received a mandatory unconditional cash offer from Ennoconn Corporation, with DBS Bank Ltd acting on Ennoconn’s behalf to acquire all outstanding shares. Shareholders are advised to consult professional advisors for guidance and to consider the independent directors’ opinions before responding to the offer, which is set to close on 23 October 2024 without an extension or revision of the offer price.
For further insights into SG:N01 stock, check out TipRanks’ Stock Analysis page.