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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.
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