EDITORIAL: Volaris should aim to control Adapt IT without delisting it
07 June 2021 - 05:00
It was a matter of time before Volaris, a Canadian-based tech investor, sweetened its offer for Adapt IT, a Durban-based group in the middle of a bidding war.
On Friday Volaris raised its R1bn cash offer for Adapt IT by about 8%, taking into account the fair-value range determined by an independent expert’s report that found that Adapt IT should fetch between R7 and R9.09 per share. ..
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