Novus Holdings acquires majority stake in Mustek
Novus Holdings has raised its Mustek stake to over 50% and announced a mandatory offer for the remaining shares amid mixed financial results
Novus Holdings has successfully increased its stake in Mustek to 50.39% after completing a series of strategic acquisitions. Following this milestone, the company has officially announced a mandatory offer to acquire the remaining shares of Mustek that it does not already own.[1][2]
The acquisition comes amid the release of Novus Holdings' recent financial results, which show a mixed performance across its different business segments. While some areas experienced declines, significant growth within the Publishing and Distribution divisions successfully offset those losses to deliver resilient overall results.[1][2]
