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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
2 mins to read

‘Complexities’ arise in Rakon takeover proposal

The Rakon board has updated shareholders on a potential takeover bid received just prior to Christmas.

Illustration: Michael Hickmott.

The bidder behind a proposed takeover bid for Rakon has raised “potential complexities” it considers material to its assessment, including the timing of the offer, says the board.

The NZX-listed oscillator maker revealed on December 11 it had received a potential takeover approach from an

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Fiona Rotherham Mon, 13 May 2024
Contact the Writer: fiona@nbr.co.nz
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‘Complexities’ arise in Rakon takeover proposal
Investment,
104019
true