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Eroad in trading halt as Canadian investor takes 17.7% stake

UPDATE: Listed telematics business says it has received a non-binding, indicative takeover offer.

Eroad provides telematics for transportation sector customers.

Will Mace Thu, 22 Jun 2023

UPDATE: Dual-listed telematics business Eroad has gone into a trading halt while the company considers a non-binding indicative offer, the company said this morning.

EARLIER: The “buy and hold” investment arm of a listed Canadian software company has acquired a 17.7% stake in ASX and NZX-listed

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Will Mace Thu, 22 Jun 2023
Contact the Writer: william@nbr.co.nz
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Eroad in trading halt as Canadian investor takes 17.7% stake
Investment,
99644
true