Volaris finds big support for takeover of Adapt IT
Almost half of eligible shareholders have provided undertakings to support offer from Canadian software company
Almost half of shareholders of JSE-listed company Adapt IT eligible to vote on two separate takeover offers made for the company have provided irrevocable support for the offer from Canadian software company Volaris.
Adapt IT has received two takeover offers, the first one coming from listed technology firm Huge Group. The other, from Volaris, values Adapt IT at R1bn. ..