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Novus to appeal after being told to hike Mustek bid

eriinfo.com3 days ago05 mins

Mustek’s head office in Midrand, Johannesburg The plan by Novus Holdings to acquire technology group Mustek has run into more difficulty, with the Takeover Regulation Panel ruling it must increase its offer to Mustek shareholders in a move that could cost it tens of millions of rand more than anticipated. The Takeover Regulation Panel has…

Novus bid for Mustek runs into more heavy weather

eriinfo.com5 months ago06 mins

Mustek’s head office in Midrand, Johannesburg Printing and packaging firm Novus Holdings’ offer to buy out other shareholders in technology group Mustek has hit another hurdle. The two companies said in a joint announcement issued via the JSE on Friday that the Takeover Regulation Panel (TRP) is holding off from issuing a certificate of compliance,…