Battle | Group

Battle between Huge Group and Volaris as both vie for Adapt IT

Earlier this year, SA-based Huge Group stated that they had made an offer to shareholders of Adapt IT, “to acquire all of the issued Adapt IT shares at R5.52 per share,” reports MyBroadband. Since then, Canadian Volaris also made an offer, but at R6,50 a share. Management at Adapt IT preferred the offer from Volaris,…