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Vonex Limited ( (AU:VN8) ) has shared an update.
Swoop Telecommunications Pty Ltd, a subsidiary of Swoop Holdings Limited, has announced that its off-market takeover offer to acquire all outstanding shares of Vonex Limited has been declared free of all defeating conditions, making the offer unconditional. This development is significant as it positions Swoop to potentially increase its stake in Vonex beyond the current 21.42%, impacting stakeholders by advancing its strategic acquisition plans in the telecommunications sector.
More about Vonex Limited
YTD Price Performance: 10.0%
Average Trading Volume: 2,138,049
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$16.56M
For detailed information about VN8 stock, go to TipRanks’ Stock Analysis page.
