Azure gets surprise bid

Shares in Azure Healthcare (AZV) have surged to their highest point in six years this morning after the company received a takeover offer.

Azure Healthcare (AZV) has announced it has received an “indicative, conditional, non-binding takeover proposal.” The share price increased to a high of $0.42, or 17%, shortly after opening this morning. The gain represents a 53% increase in the last two weeks since closing at $0.275 on April 14.

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