Menu
Menu
itX (ASX:ITX) shares surge on takeover talks

itX (ASX:ITX) shares surge on takeover talks

Shares in IT services provider itX Group (ASX:ITX) have soared over 12% after it confirmed it is in preliminary discussions over a possible takeover of the company.

The company said it had received an indicative, non-binding indication of interest, but said it had not yet formed a view over the proposal.

There is no certainty that the discussions will lead to a takeover offer, itX added.

ITX shares have today risen 12.45% to $1.400.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Error: Please check your email address.

Tags itX GroupASX:ITXit servicesMergers and acquisitions

Show Comments

Market Place

Computerworld
ARN
Techworld
CMO