Huge updates market on R800m Adapt IT bid, withdraws cautionary

A week after making a general offer to acquire up to 100% of the issued Adapt IT shares, JSE-listed Huge Group has withdrawn its cautionary after mapping out the proposal. Huge, which is “ready, able and willing” to implement the offer, made a firm bid earlier this week, irrevocably offering to purchase all – or any – Adapt IT shares at an equivalent 552c a piece.

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