Acta Investment Group Lifts Conditions in Takeover Bid for Helix Resources

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An announcement from Helix Resources Limited ( (AU:HLX) ) is now available.

Acta Investment Group Pty Ltd has announced the lifting of all remaining conditions for its proportional takeover offer for Helix Resources Limited. Acta’s offer aims to acquire 25% of Helix’s shares that it does not already hold, thereby increasing its voting power in the company to potentially influence its future direction.

More about Helix Resources Limited

Helix Resources Limited operates in the resources industry, focusing on exploration and development of mineral properties. The company is listed on the Australian Securities Exchange (ASX) under the ticker HLX.

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €7.09M

See more data about HLX stock on TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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