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Maggie Beer Holdings Ltd (ASX:MBH)

ALERT: Price-sensitive ASX Announcement for MBH
Current share price for MBH : $0.070 0.006 (9.38%)+
Announcement
Release
3 Jun 2026 9:49AM
Price at Release
$0.064
Full Release
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Summary
Maggie Beer Holdings Ltd has received a Non-Binding Indicative Offer (NBIO) from a multinational consumer goods company to acquire its shares in Hampers and Gifts Australia Pty Limited (HGA) for a cash consideration of $10,000,000. This offer includes an upfront payment of $8,000,000 and a contingent consideration of up to $2,000,000 based on the performance metrics over a 12-month earn-out period. The transaction remains subject to due diligence, regulatory and shareholder approvals, and the finalization of binding transaction documents. The potential transaction does not involve the Company's Maggie Beer Products division.
Key Points
  • Non-Binding Indicative Offer from a multinational for HGA.
  • Offer includes $8,000,000 upfront and $2,000,000 contingent on performance.
  • Transaction subject to due diligence and regulatory approvals.
  • Potential transaction unrelated to Maggie Beer Products division.
  • Expected signing of a binding agreement before 31 July 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.