Brief: Swoop Confirms Off-Market Takeover Offer For Vonex

Swoop Holdings

19/11/2024 01:38

Nov 19 (Reuters) - Swoop Holdings Ltd  SWP.AX :
    * SWOOP CONFIRMS OFF-MARKET TAKEOVER OFFER FOR VONEX,VN8
    * INTENDS TO SERVE A FORMAL BIDDERS STATEMENT WITHIN NEXT 7
DAYS
    * IMPLIED OFFER PRICE REMAINS AT 5 AU CENTS PER VONEX SHARE
    * SWOOP CURRENTLY ANTICIPATES SYNERGIES COULD REPRESENT OVER
A$5.0M EBITDA ON AN ANNUALISED BASIS OVER TIME FROM DEAL


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