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5G Networks Extends AuCyber Takeover Bid After Securing Majority Stake

5:44pm on Sunday 1st of June, 2025 AEST Telecommunications
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5G Networks Extends AuCyber Takeover Bid After Securing Majority Stake

5:44pm on Sunday 1st of June, 2025 AEST
Key Points
  • 5G Networks surpasses 50% voting power in AuCyber
  • Offer period extended to 17 February 2025
  • Automatic extension triggered under Corporations Act
  • Bidder's statement updated to reflect new closing date
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