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BUZZ-Australia's 360 Capital gains most in over 3-months on takeover bid from TT Investments

Reuters
2025/12/18
BUZZ-Australia's <a href="https://laohu8.com/S/TGP.AU">360 Capital</a> gains most in over 3-months on takeover bid from TT Investments

** Shares of Australia's 360 Capital Group TGP.AX rise as much as 21.2% to A$0.315, their biggest intraday pct gain since August 28

** Stock at highest level since November 13

** Fund manager gets unconditional on-market takeover offer from TT Investments at A$0.31 cash per share

** Offer at a 19.2% premium to TGP's last close

** 360 Capital Group says independent board committee recommends acceptance of TT Investments takeover offer, in absence of a superior offer

** Stock has risen 32.7% this year, including session gains

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))

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