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Vonex Limited ( (AU:VN8) ) just unveiled an update.
Swoop Telecommunications Pty Ltd, a subsidiary of Swoop Holdings Limited, has announced an extension to its off-market takeover offer to acquire the remaining shares in Vonex Limited that it does not already own. The offer period has been extended to remain open until 7 pm on 21 February 2025, allowing more time for shareholders to accept the offer. This strategic move indicates Swoop’s ongoing efforts to consolidate its position in the telecommunications industry by fully integrating Vonex Limited. The extension may impact Vonex stakeholders who are evaluating the offer, providing them with additional time to make informed decisions.
More about Vonex Limited
YTD Price Performance: -10.0%
Average Trading Volume: 2,297,431
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$27.09M
See more insights into VN8 stock on TipRanks’ Stock Analysis page.