Pact Group Holdings Ltd. (AU:PGH) has released an update.
Pact Group Holdings Ltd is urging its shareholders to consider accepting an unconditional cash offer of A$0.84 per share from Bennamon Industries, as the offer will not be extended past the closing date of June 7, 2024. Shareholders should review the risks of remaining a minority shareholder as detailed in the company’s communications, and note that the current average trading price is slightly above the offer price, which may influence their decision to sell on the market versus accepting the offer.
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