Articles On Namoi Cotton (ASX:NAM)

One of the longest and noisiest takeover battles at the bottom end of the market has ended with French agri commodities giant Louis Dreyfus Company (LDC) getting control of Namoi Cotton after the bid from Singapore-based rival, Olam Agri Ho...

The ASX200 is set to open a third of a percent lower today, propelled by negative performances on all three US bourses on Thursday, amid escalating tensions in the Middle East and ahead of key jobs data for September. The S&P 500 end...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin It was a mixed overnight session in commodity and stock markets, with oil prices fir...

Almost a year after launching a takeover bid for Australian cotton producer Namoi Cotton (ASX: NAM), Singapore agricultural group Louis Dreyfus Company (LDC) has finally secured full control of the target - but at a significant premium to i...

An exciting day saw the meandering battle for control of Namoi Cotton, the country’s top cotton producer, end with a win to French group Louis Dreyfus Company (LDC). The day saw two pauses in trading, a higher offer from LDC and news that o...

The ASX200 closed 0.74% lower at 8,209 points. The bourse pulled back from yesterday’s record close with a fall in commodity prices the key driver. Retail sales data came in for August with total retail sales up 0.7% on a seasonally a...

ASX dips as miners lead selloff as Chinese markets close for holidays Sigma Healthcare soars 22pc after merger update Qantas tumbles 4pc as Qatar eyes Virgin Australia stake   The ASX dipped  from its record high as miners led the sellof...

Highlights: Louis Dreyfus increases its stake in Namoi Cotton (ASX: NAM) to 47.7%, raising its bid to $0.68 per share, outpacing rival Olam International (ASX: OLM).  Olam boosts its offer to $0.75 per share and increases its holding...

Highlights: The S&P/ASX 200 Index (ASX: XJO) dipped by 0.3%, pulling back from record highs after a strong September quarter.  Sigma Healthcare (ASX: SIG) rallied by 12.9% amid regulatory efforts, while Qantas (ASX: QAN) dropped...

Highlights: The ASX 200 is set for a potential pullback as futures signal a 32-point decline (-0.38%), following recent rallies driven by strong commodity prices, with global markets finishing the quarter on a positive note.  The min...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin World Overnight SPI Overnight 8274.00 – 32.00 – 0.39% S&P ASX 200 8269.80...

The potential takeover of Namoi Cotton Ltd (ASX:NAM) by Olam Agri Holdings has encountered another challenge, with the Australian Competition and Consumer Commission (ACCC) saying it could force the Singapore-based company into divesting so...

Aus shares have reached a record high, while Myer highlights challenging market conditions. Regis Healthcare and Kelsian have secured significant contracts, and Namoi Cotton has endorsed Olam Agri's acquisition bid. The Australian dollar ha...

The Australian sharemarket saw mixed movement as losses in banking stocks counteracted gains in the energy and mining sectors. Despite early momentum, the market struggled to close at record highs, impacted by declines in major banks.  The...

Australian shares continued to advance on Friday, bolstered by rising commodity prices, although banking stocks exerted some downward pressure. The S&P/ASX 200 index closed 0.3% higher, gaining 24.2 points to settle at 8099.9. This rise...

The ongoing takeover bid for **Namoi Cotton (ASX: NAM)** by Singapore-based **Olam Agri** has gained significant momentum after the specialist merger fund **Harvest Lane** announced its support for the revised offer. Harvest Lane, which hol...

The Namoi Cotton Ltd (ASX:NAM) takeover story has reached another interesting stage today, with one of the two competing bidders – Olam Agri Australia Pty Ltd – boosting its offer price to $0.75 per Namoi share. The Singapore-listed Olam...

Australian shares continued their upward trajectory, following Wall Street's rally, driven by rising commodity prices in the energy and mining sectors. At 11:30am, the S&P/ASX 200 is 0.53 per cent higher at 8,118.90, close to its all-ti...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin World Overnight SPI Overnight 8026.00 + 50.00 0.63% S&P ASX 200 7987.90 –...

Agri-business giant Olam Agri Holding Pte Ltd – which is based in Singapore – has pushed out its bid to acquire Namoi Cotton Ltd (ASX:NAM) for a third time, to October 8, amid concerns from Australian regulator the ACCC about bids from both...

This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights. Written by Admin World Overnight SPI Overnight 7925.00 – 144.00 – 1.78% S&P ASX 200 8114.70...

The battle for control of Namoi Cotton (ASX:NAM) is heating up. On Thursday, the Australian Competition and Consumer Commission (ACCC) said it would not oppose Louis Dreyfus' proposal to acquire Namoi Cotton. This comes a month after the re...

The ASX200 has hit a fresh record high and is up 0.4% to 8,123 points in early afternoon trade. US interest rate news coupled with a strong night on Wall Street propelled the ASX to chart new territory. The US Federal Reserve held intere...

Not long after throwing a spanner in the works of Chemist Warehouses’s reverse listing, the regulator has now taken issue with Naomi Cotton’s (ASX:NAM) proposed takeover. Singapore-listed Olam had made a bid to buy ASX-listed Naomi Cotto...

The ASX200 took a late uptick to be add almost a per cent at close this afternoon. Most sectors made ground, with Consumer Staples and Energy today’s biggest winners with gains up towards 2 per cent. Burritos giant Guzman y Gomez has...

The takeover plans of Singapore’s Louis Dreyfus Company (LDC) for Australia’s largest cotton processor Namoi Cotton (ASX: NAM) have been dealt a blow after the competition regulator raised concerns about a potential acquisition. The Austra...

US markets rallied on Thursday following a rise in jobless claims that rekindled investor hopes that the Fed will cut rates in the second half of this year. The Dow rallied 0.85 per cent to make it the seventh positive close in a row for th...

The ASX200 closed up .2 of a per cent with IT – gaining almost a per cent – carrying a load burdened by the weight of Staples, which plunged 2.5%, and Telecommunications, 0.8%. In the green BB1 Digital healthcare pioneer BlinkL...

Australian cotton processor Namoi Cotton Ltd (ASX: NAM) has seen its shares jump more than 13 percent as two agribusiness giants – one French and the other Singaporean – duke it out with takeover offers for the company which first began in...

The bidding war for Australia’s largest cotton ginner Namoi Cotton (ASX: NAM) has stepped up a notch with a decisive move by Olam Agri Holdings firmly outbidding its Singapore counterpart Louis Dreyfus Company (LDC). Olam is prepared to pa...

The ASX belts one out on Monday, up 0.8pc All 11 sectors are better for it Canterbury Resources grows by half   The benchmark Aussie index has started the week with decisive and broad based gains. All 11 sectors ended Monday higher. US Fu...

Singapore’s takeover battle for Australian cotton producer Namoi Cotton (ASX: NAM) looks all but stitched up by Louis Dreyfus Company after a major shareholder expressed its support of a revised bid that values the company at $124 million....

  US stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results. The Dow Jones closed up 0.67 per cent, the S&P 500 closed 0.87 per cent higher a...

US stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results. The Dow Jones closed up 0.67 per cent, the S&P 500 closed 0.87 per cent higher and...

MoneyTalks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from IML’s Marc W...

Australian markets rallied into the close, shrugging off the bigger-than-expected jobs data. Australian employment rose by 116,500 in February versus a consensus expectation of 40,000. The unemployment rate fell to 3.7 per cent. The Februar...

A battle for control of Namoi Cotton (ASX: NAM) has emerged with an offer from a another major Singapore agribusiness, the second in the past four months, upping the ante for the Australian cotton processor by 16 per cent to $122 million....

Jobless rate falls to 3.7 per cent; jobs growth also beats consensus. Brickworks falls on loss. Gold hits record high. Namoi Cotton, ASM jump. Sigma profit up. Seven executive quits Stokes camp. 

Momentum investing has been shown to be a successful strategy over the long term. The strategy essentially involves “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”....

A momentum trader will essentially be “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”. The biggest question for momentum traders is therefore how to find those stock...

The ASX benchmark has ended Tuesday higher 8 of 11 sectors in the green Small caps led by Plenti Group (ASX:PLT), InteliCare (ASX:ICR) The local market has trimmed some of its early gains (wussed out) after jumping out of the blocks in...

Shares rebounded on Tuesday due to gains in real estate and gold, while the Australian dollar reached a four-month high amid expectations of prolonged high borrowing costs compared to other developed nations. Despite a surprise 0.2 percent...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, that made announcements today.   ICYMI Leade...

Namoi Cotton (ASX:NAM) shares are soaring after Louis Dreyfus Company Asia made a non-binding indicative offer to acquire the company The Namoi Board, after careful consideration, has approved advancing the NBIO The bid was lobbed at...

28 Nov 2023 - A snapshot of the stocks on the move, featuring Namoi Cotton (ASX:NAM), Imugene (ASX:IMU) and Beston Global Food (ASX:BFC).

Retail sales in October declined by 0.2% compared to September, falling short of the expected 0.1% increase, indicating that rising borrowing costs and elevated inflation are impacting consumers' spending. However, over the 12-month period...

  Namoi Cotton (ASX:NAM) has received a non-binding, indicative and conditional offer (NBIO) from Louis Dreyfus Company Asia to acquire the remaining 83% of issued shares in Namoi that it does not currently own, by way of a scheme of arrang...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Global commodities giant Louis Dreyfus (LDC) is looking to acquire Namoi Cotton (ASX:NAM) with a non-binding all-cash offer of 51 cents per share, representing a substantial 41% premium over Monday's closing price of 36 cents. Louis Dreyfus...

28 Nov 2023 - Global commodities giant Louis Dreyfus (LDC) is looking to acquire Namoi Cotton (ASX:NAM) with a non-binding all-cash offer of 51 cents per share, representing a subs…