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Why Did ARC Funds Withdraw Its Scrip Offer After Boosting TTDS Stake to 74.48%?

9:23am on Monday 11th of August, 2025 AEST Financial Services
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Why Did ARC Funds Withdraw Its Scrip Offer After Boosting TTDS Stake to 74.48%?

9:23am on Monday 11th of August, 2025 AEST
Key Points
  • ARC offered to acquire remaining 36.51% shares in The Term Deposit Shop
  • Received acceptances for 10.99% of target shares via share swap
  • Ownership in The Term Deposit Shop rises to 74.48%
  • Offer withdrawn for remaining minority shareholders
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