Hmmm- just saw this on Street Talk (fair use quote from a much longer article):
"IT services company UXC Limited is understood to be close to announcing an agreed deal with acquirer US multinational Computer Sciences Corporation.
The parties have been in talks for several months.A period of exclusivity is expected at a price of $1.26 per share plus an interim dividend.
Read more: http://www.copyright link/street-talk/tegel-fronts-trade-buyers-as-ipo-market-wobbles-20151004-gk1833#ixzz3nhxEWkm9
There's more in this article, too. Check it out in tomorrow's AFR. As stated in the article, the share price is trading above the offer price.
Anyone heard of this before? Comes as a surprise to me!
I guess there will be an ANN tomorrow in response to the article.
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