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MaxoTel Seeks Full Control of Vonex with 80% Premium Scheme Offer

7:01pm on Friday 4th of July, 2025 AEST Telecommunications
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MaxoTel Seeks Full Control of Vonex with 80% Premium Scheme Offer

7:01pm on Friday 4th of July, 2025 AEST
Key Points
  • MaxoTel to acquire all remaining Vonex shares at 3.60 cents each
  • Offer represents an 80% premium to Vonex’s last closing price
  • Swoop Telecommunications supports the scheme with 22.8% shareholding
  • Vonex Board recommends the scheme subject to no superior proposal
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