BUZZ-Australia's Apiam Animal Health hits over 3-1/2-year high on premium buyout offer

Reuters

10/22

BUZZ-Australia's <a href="https://laohu8.com/S/AHX.AU">Apiam Animal Health</a> hits over 3-1/2-year high on premium buyout offer

** Shares of Apiam Animal Health AHX.AX rise 6.2% to A$0.86, their highest level since February 2022** Veterinary services provider to be acquired by private company Pepper Bidco at A$0.87 per share

** Offer price is at a premium of 7.4% to stock's last close

** Stock sees busiest session since September 2024, with 3.5 mln shares changing hands, 8.4x the 30-day avg of 419,384

** Stock has more than doubled in value so far this year

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

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