5G Networks Raises Final Takeover Bid for AuCyber to 13.5 Cents
5G Networks Limited has increased its on-market takeover offer for AuCyber Limited from 11 cents to 13.5 cents per share, marking its final bid ahead of the January 30 deadline.
- 5G Networks raises takeover bid for AuCyber from 11 to 13.5 cents per share
- Final offer price announced with no planned extensions beyond January 30, 2025
- Supplementary bidder’s statement lodged with ASX and ASIC
- 5G Networks operates extensive digital and data network infrastructure across Australia and internationally
- Bid signals strategic intent to expand digital services footprint through acquisition
Bid Increase Signals Strategic Commitment
5G Networks Limited (ASX:5GN) has officially raised its on-market takeover bid for AuCyber Limited (ASX:CYB) from 11 cents to 13.5 cents per share. This move, announced on January 28, 2025, represents a notable premium and underscores 5GN's determination to secure control of AuCyber. The company has also confirmed this as its final offer, with no intention to extend the bid period beyond the set deadline of 4:00 pm on January 30, 2025, unless mandated by regulatory requirements.
Regulatory Filings and Market Implications
Alongside the price increase, 5GN has lodged a Supplementary Bidder’s Statement with the Australian Securities Exchange and the Australian Securities and Investments Commission, ensuring transparency and compliance with takeover regulations. This formal step provides shareholders and the market with updated information on the offer terms and 5GN’s intentions.
5GN’s Expanding Digital Services Footprint
5G Networks is a well-established Australian digital services provider, supporting over 2,500 corporate clients with a broad portfolio that includes cloud computing, data networks, data centres, managed IT services, and digital marketing. The company operates a high-speed data network with international points of presence in Singapore, the USA, Hong Kong, and New Zealand, alongside substantial data centre capacity across major Australian cities.
The acquisition of AuCyber is likely aimed at bolstering 5GN’s service offerings and market reach, potentially enhancing its competitive position in the telecommunications and digital infrastructure sectors. The increased bid price may reflect both the strategic value 5GN places on AuCyber’s assets and capabilities, as well as a response to market or shareholder expectations.
Finality of Offer and Market Watch
By declaring the 13.5 cents per share offer as final, 5GN is setting a clear boundary for negotiations, which could prompt AuCyber shareholders to make decisive moves ahead of the expiry date. The firm stance may also influence market sentiment, potentially affecting the trading dynamics of both companies’ shares in the lead-up to the deadline.
Investors and analysts will be closely monitoring AuCyber’s response, any competing bids, and the broader market reaction. The outcome of this takeover bid could have meaningful implications for the digital services landscape in Australia, particularly as demand for integrated cloud and network solutions continues to grow.
Bottom Line?
With its final bid set, 5G Networks is poised to either consolidate its digital services ambitions or face a critical juncture in its takeover pursuit.
Questions in the middle?
- Will AuCyber shareholders accept the increased offer or hold out for a higher bid?
- Could a rival bidder emerge in response to 5GN’s final offer?
- How will this acquisition reshape 5GN’s competitive positioning in the digital services market?
