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Bidding war brewing for UXC (ASX:UXC)?

Bidding war brewing for UXC (ASX:UXC)?

Business solutions provider UXC Limited (ASX:MTU) has revealed it is still in discussions with an party interested in acquiring it, despite the expiry of the exlusive negotiation agreement between them.

The interested party is still conducting due diligence, UXC said, but meanwhile other interested parties have approached it.

Two of these offers have moved to the due diligence stage UXC said, suggesting a bidding war could result.

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Tags Mergers and acquisitionsUXC LimitedASX:UXCbidding war

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