Business
5G Networks (ASX:5GN) share price falls on takeover update – Motley Fool Australia
The 5G Networks share price is falling today as the company provided the market with an update in its takeover bid for Webcentral.
The 5G Networks Ltd(ASX: 5GN) share price has fallen today as the company updated the market with its bidder statement. The bidder statement relates to its takeover attempt of Webcentral Group Ltd(ASX: WCG) which is discussed in more detail below. The 5G Networks share price closed 2.25% lower today at $1.74.
Webcentral is an Australian, full-service digital services partner for small and medium businesses. 5G Networks already owns a 10.2% stake in the company.
What has changed?
5G Networks f…
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