BRIEF-Ayo Technology Solutions Announces Firm Intention By Sekunjalo To Acquire Co's Shares For R80.8 Mln-March 2024-www.financetom.com

BRIEF-Ayo Technology Solutions Announces Firm Intention By Sekunjalo To Acquire Co's Shares For R80.8 Mln

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Ayo Technology Solutions Announces Firm Intention By Sekunjalo To Acquire Co's Shares For R80.8 Mln

May 26, 2025 1:09 PM

May 23 (Reuters) - Ayo Technology Solutions Ltd

* JSE: AYO - FIRM INTENTION BY SEKUNJALO TO MAKE AN OFFER TO

ACQUIRE SHARES IN AYO AND THE SUBSEQUENT PROPOSED DELISTING OF

AYO

* AYO TECHNOLOGY SOLUTIONS LTD: PROPOSED DEAL FOR A CASH

CONSIDERATION OF 52 CENTS PER SHARE

* AYO TECHNOLOGY SOLUTIONS LTD: SEKUNJALO TO ACQUIRE OFFER

SHARES,

BEING MAXIMUM OF 155.3 MILLION SHARES FOR TOTAL CONSIDERATION OF

R80.8 MILLION

Source text:

Further company coverage:

Previous page： Market Chatter: Chevron Interested in Buying Phillips 66's Stake in Chemicals JV Next page： Update: Amazon Launches Generative AI-Powered Alexa Plus

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Market Chatter: Chevron Interested in Buying Phillips 66's Stake in Chemicals JV

Feb 26, 2025

12:06 PM EST, 02/26/2025 (MT Newswires) -- Chevron ( CVX ) is open to buying Phillips 66's (PSX) stake in a chemicals joint venture that activist investor Elliott Investment Management is pushing the oil refiner to sell, Bloomberg reported Wednesday, citing people familiar with the matter. Chevron ( CVX ) and Phillips 66 did not immediately reply to requests for...

Update: Amazon Launches Generative AI-Powered Alexa Plus

Feb 26, 2025

12:06 PM EST, 02/26/2025 (MT Newswires) -- (Updates with additional details in the fourth paragraph.) Amazon ( AMZN ) launched Alexa+, the generative artificial intelligence-powered version of its Alexa assistant, during a Wednesday event in New York, confirming earlier reports from a number of news outlets. According to the company, Alexa+ is conversational and is able to keep track of...

ODP Corporation Stock Plunges Over 20%: Q4 Earnings Misses Expectations As Sales Drop

Feb 26, 2025

The ODP Corp ( ODP ). shares are trading lower on Wednesday. The company reported fourth-quarter adjusted earnings per share of 66 cents, missing the street view of 80 cents. Quarterly sales of $1.624 billion (down 10% year over year) outpaced the analyst consensus estimate of $1.610 billion. Lower sales in its consumer division, Office Depot, was primarily due to...

Target Collaborating With Champion on Activewear, Sporting Goods Line

Feb 26, 2025

12:07 PM EST, 02/26/2025 (MT Newswires) -- Target ( TGT ) said Wednesday it is collaborating with American sportswear brand Champion to offer a collection of apparel, accessories and sporting goods. The multiyear partnership will offer over 500 items, which will be available in Target ( TGT ) stores and on Target.com beginning in August, the company said. Price: 124.97,...