Redflex gets raised takeover bid
Traffic camera technology company, Redflex (ASX:RDF), said the takeover bid it has received has been raised to a minimum of $2.75 per share and modified to reflect the surging Australian dollar.
Traffic camera technology company, Redflex (ASX:RDF), said the takeover bid it has received has been raised to a minimum of $2.75 per share and modified to reflect the surging Australian dollar.
Shares in Redflex Holdings (ASX:RDF) have jumped 6.4 per cent since the company revealed it may receive a takeover bid higher than the $2.50 per share informally offered by a Macquarie Group.