tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TT Investments Extends Takeover Offer for 360 Capital Group

Story Highlights
TT Investments Extends Takeover Offer for 360 Capital Group

TipRanks Black Friday Sale

An update from 360 Capital Group Limited ( (AU:TGP) ) is now available.

TT Investments Pty Limited has extended its unconditional takeover offer for 360 Capital Group, a company involved in investment management, until November 13, 2025. The offer, endorsed by the Independent Board Committee and deemed fair and reasonable by an independent expert, is priced at $0.31 per TGP Security, representing an 87.9% premium over the undisturbed price. TT Investments, already holding a 74.32% interest in 360 Capital Group, plans a strategic review post-offer, including potential changes to the capital structure.

The most recent analyst rating on (AU:TGP) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on 360 Capital Group Limited stock, see the AU:TGP Stock Forecast page.

More about 360 Capital Group Limited

Average Trading Volume: 698,445

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$57.6M

Learn more about TGP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1