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DTI DTI News Story

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TechnologyHighly SpeculativeMicro CapNeutral

Australia's DTI Group soars on takeover proposal

** DTI Group DTI.AX surges as much as 40% to A$0.014; marks biggest intraday pct gain since March 2

** Stock hits highest since March 4

** Finico, Morris Family Trust launch unconditional offer to buy all shares of DTI for A$0.012/share, Shaw and Partners, broker for deal, says

** Deal represents 0.2% premium to last close

** YTD, DTI gains 9.1%

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))

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