SYDNEY: Aussie Broadband Limited (ASX:ABB), one of the leading broadband providers in Australia, has made a non-binding offer to buy out its rival Superloop (ASX:SLC) in an all-share transaction. The proposal values Superloop at $0.95 per share, based on the last closing price of ABB shares ($4.53 on 23 February 2024). This represents a 33.2%…
SYDNEY, AUSTRALIA: Aussie Broadband has agreed to buy Symbio, a cloud-based communication services provider, through a scheme of arrangement. Symbio shareholders will get $2.26 cash and 0.192 Aussie Broadband shares for each Symbio share they own, unless they choose a different option. This values Symbio at $3.01 per share based on Aussie Broadband’s recent share…
PERTH: Aussie Broadband Limited (ABB) has been admitted to the official list of the Australian Securities Exchange (ASX) following the successful completion of a $40.00 million initial public offering (IPO). Under the IPO, 40 million shares were issued at $1 a share, which gives Aussie Broadband Limited (ABB) a market capitalisation of approximately $190 million…