FilingReader Intelligence
Mustek takeover offer delayed amid regulatory investigation
August 1, 2025 at 09:01 PM UTC•By FilingReader AI
Novus Holdings' mandatory offer to Mustek shareholders has been delayed from its August 1, 2025 settlement date. The Takeover Regulation Panel launched an investigation into both companies' conduct following complaints.
The regulator cannot issue a compliance certificate until the investigation concludes, preventing Novus from implementing its offer. An updated timetable will be announced after compliance is achieved.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
JSE:MST•Johannesburg Stock Exchange
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