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Ainsworth Board Endorses KDHA’s $1.30 Proportional Takeover Offer for 5.5% Stake
9:26am on Friday 10th of April, 2026 AEST
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Ainsworth Board Endorses KDHA’s $1.30 Proportional Takeover Offer for 5.5% Stake
9:26am on Friday 10th of April, 2026 AEST
Key Points
Unconditional proportional offer to acquire 5.5% of each shareholder’s shares at $1.30
Independent Board Committee unanimously recommends acceptance absent superior proposal
Offer represents a 23.8% premium to last trading day price and 23.6% to one-month VWAP
KDHA’s stake could rise from 8.24% to approximately 13.29% if fully accepted
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