Business
Meet the latest ASX stock to come under the takeover spotlight – Motley Fool Australia
The WPP Aunz Ltd (ASX: WPP) share price surged after it became the latest ASX stock to be in the merger and acquisition (M&A) spotlight.
The WPP Aunz Ltd(ASX: WPP) share price surged to its highest level since the COVID‐19 market meltdown after it became the latest ASX stock to be in the merger and acquisition (M&A) spotlight.
The WPP share price jumped a whopping 35.4% to 56 cents on Monday on news that its largest shareholder made an unsolicited offer to acquire the media buying group.
But with the WPP share price trading above the offer price of 55 cents, investors shouldn’t think that a higher competing bid is forthcoming.
Bidding…
-
Noosa News23 hours agoTwo teenagers charged after five-month-old baby allegedly injured in fire extinguisher attack on Sunshine Coast
-
General21 hours agoFootscray man dies after alleged assault by released immigration detainee
-
Business23 hours ago3 common investing mistakes with ASX shares (and how to avoid them)
-
General21 hours agoNRL live updates: Warriors vs Panthers, Dolphins vs Knights, Rabbitohs vs Storm — blog, scores and stats