Australia's Maggie Beer Holdings rises on buyout bid for unit
BUZZ-Australia's Maggie Beer Holdings rises on buyout bid for unit ** Shares of Maggie Beer Holdings MBH.AX rise as much as 14.1% to A$0.073, their largest intraday pct gain since October 2025
** Stock on pace to snap two conseutive sessions of losses, if gains hold
** The premium food and beverage and gifting products seller receives non-binding indicative offer for its business Hampers and Gifts Australia Pty
** Offer from multinational consumer goods business with operations in APAC hampers and gifting market at purchase price A$10 million ($7.18 million)
** Company says board currently intends to recommend that shareholders approve the potential transaction
** More than 115,000 shares change hands, twice the 30-day average
** Stock down 27.7% YTD, including the day's moves
($1 = 1.3937 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
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