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Rakon ‘significant’ shareholders keen to progress $1.70 proposal

NZX-listed tech company form independent committee to consider offer from unnamed party.

Rakon chair Lorraine Witten is on the board committee considering the acquisition offer.

Will Mace Mon, 18 Dec 2023

Rakon has received indications from “significant shareholders” indicating their support for "progressing" an acquisition proposal received last week at $1.70 per share, but the identity of the bidder has still not been revealed.

The NZX-listed oscillator maker filed an update to the market this

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Will Mace Mon, 18 Dec 2023
Contact the Writer: william@nbr.co.nz
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Rakon ‘significant’ shareholders keen to progress $1.70 proposal
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