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Hutchison Telecom Amsterdam Moves to Buy Out Remaining Australian Shares at 52% Premium
1:57am on Monday 2nd of June, 2025 AEST
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Telecommunications
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Hutchison Telecom Amsterdam Moves to Buy Out Remaining Australian Shares at 52% Premium
1:57am on Monday 2nd of June, 2025 AEST
Key Points
HTABV offers A$0.032 per HTAL share, a 52.4% premium to recent closing price
Bid values outstanding shares at approximately A$52.7 million
Offer contingent on HTABV and associates reaching 97% ownership threshold
No dividends or prescribed corporate changes allowed during offer period
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HUTCHISON TELECOMMUNICATIONS (AUSTRALIA) (ASX:HTA)
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