Hutchison Telecommunications (Amsterdam) B.V. (ASX:HTA) Takeover Bid
Takeover Offer Details
Hutchison Telecommunications (Amsterdam) B.V. (HTABV) intends to make an off-market takeover bid for the remaining ordinary shares of Hutchison Telecommunications (Australia) Limited (ASX:HTA) at A$0.032 per share, representing a 52.4% premium to the closing price on 21 May 2025.
Conditions and Timetable
The offer is subject to HTABV and its associates holding at least 97% of HTAL’s issued shares, no dividends being declared during the offer period, and no prescribed occurrences affecting HTAL. HTABV has received FIRB approval and expects to dispatch the Bidder’s Statement to shareholders by 5 June 2025, keeping the offer open for at least one month.
Motley Fool contributor Lauren Surplice has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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