News: Federation Centres & Novion announce merger, page-25

  1. 610 Posts.
    Novion hasn't made any announcement to their shareholders regarding another offer.
    The market doesn't seem excited either NVN down slightly today.

    Meanwhile FDC is down a further 2% to $2.88 today making this a substantial slump from $3.10 before the announcement.
    If Clarion are continuing to divest a chunk of their holding at the same time, this doesn't help.
 
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