Mustek expects headline earnings per share to surge by as much as 270% for the six months to end-December 2025.
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Novus Holdings is vowing to fight a Takeover Regulation Panel ruling that it must increase its offer to Mustek shareholders.
Novus Holdings’ offer to buy out other shareholders in technology group Mustek has run into more difficulty.
Novus Holdings’ offer to buy out other shareholders in Mustek has hit a fresh regulatory hurdle.
Novus’s bid for control of Mustek has received the go-ahead from the Competition Tribunal, with conditions.
JSE-listed Mustek, currently the subject of a takeover bid, has reported a 74.3% decline in headline earnings per share.
Technology distributor Mustek has warned shareholders that it expects to report another weak set of financial results.
Novus Holdings last week surprised investors by announcing it was making a bid to buy technology distributor Mustek.
Novus Holdings is making a bid to acquire JSE-listed technology group Mustek – with backing from top management.
JSE-listed Novus Holdings, best known as an industrial printing and packaging operation, has bought a stake in an AI company.