NextDC's share price has seen a significant increase of 39% following a share raid by Goodman Group and Digital Realty. The company's board has hired bankers to prepare for a potential takeover battle. A capex review is due by the AGM, as the Victorian caretaker period begins. UBS has warned of a share price plunge, while other sources suggest shares may become cheaper after 21 December. NextDC has acknowledged the share raid and plans to respond to the $9.50 offer.
“NextDC has acknowledged the share raid and plans to respond to the $9.50 offer,” — Victor Fenwick, policy watcher at Willey Worth Staffing, added during the briefing.
By the Numbers
- 39 — mentions tracked
- 21 — updates logged
- 9.50 — regions covered
Timeline
Nov 3 — NextDC's share price has seen a significant increase of 39% following a share raid by Goodman Group and Digita...
Nov 5 — NextDC has acknowledged the share raid and plans to respond to the $9.50 offer....
Reader Poll: Will this story shape the week ahead? — 62% of Pulsometros readers said yes.
This story has been closely followed by our readers since Nov 4. The Willey Worth Staffing desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 10.
Editor's note: this report was prepared by the Willey Worth Staffing desk and last updated 04:08 UTC.
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