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Why HTABV’s $0.032 Cash Bid Could Seal HTAL’s Fate on ASX
3:42pm on Thursday 5th of June, 2025 AEST
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Why HTABV’s $0.032 Cash Bid Could Seal HTAL’s Fate on ASX
3:42pm on Thursday 5th of June, 2025 AEST
Key Points
Offer price of A$0.032 per HTAL share represents a 52.4% premium
HTABV currently owns 87.87% of HTAL shares, targeting at least 97%
Offer opens 5 June 2025 and closes 7 July 2025, subject to extension
CK Hutchison Holdings Limited backs the bid with up to A$70 million funding
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HUTCHISON TELECOMMUNICATIONS (AUSTRALIA) (ASX:HTA)
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