On Nut Road Limited to acquire Donaco International
03/16/25, 11:51 PM
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Donaco International Limited has entered into a Scheme Implementation Deed with On Nut Road Limited for the acquisition of all shares not already owned by ONR at A$0.045 per share. This acquisition is recommended by Donaco’s board, providing shareholders with a cash payment while mitigating risks associated with the company’s cyclical business. The deal represents a significant premium over recent trading prices. This acquisition offers shareholders a chance to de-risk their investment amid financial challenges.