Australia's Noumi rises after accepting buyout proposal from top shareholder Arrovest
BUZZ-Australia's Noumi rises after accepting buyout proposal from top shareholder Arrovest ** Shares of Australia's Noumi Limited NOU.AX rise as much as 4.2% to A$0.125
** Stock up 14.3% in the week so far, set to clock its best week since July 3
** Consumer goods maker Noumi announced on Tuesday that it was accepting a buyout offer from largest shareholder Arrovest to acquire all shares it does not already own in the consumer goods maker
** Offer price at A$0.1234 per share, a 17.5% premium to stock's last close on July 20
** Co said independent board committee unanimously recommended shareholders vote in favour of scheme
** Separately, co on Tuesday reported consol 4Q26 rev of A$158.6 million ($110.62 million), up 2.2% from last year
** Stock has fallen 7.7% this year, including session moves
($1 = 1.4337 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
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