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Why New World’s Board Now Backs CAML’s Enhanced Takeover Bid
9:43am on Thursday 17th of July, 2025 AEST
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Why New World’s Board Now Backs CAML’s Enhanced Takeover Bid
9:43am on Thursday 17th of July, 2025 AEST
Key Points
CAML raises offer price to A$0.065 per share
Takeover bid condition waived, making offer unconditional
Revised US$6.5 million unsecured loan facility agreed
New World board advises shareholders to reject Kinterra offer
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