Elders Limited
(ASX:ELD) has announced it has extended its hybrid offer by a further two weeks.
The offer was previously scheduled to close on Friday 15 July but will now close on Friday 29 July.
Elders has indicated the decision to extend was made to assist small holders who have not yet had an opportunity to fully consider the offer.
At the close of trade on Friday 15 July, Elders Finance had acquired 705,585 Hybrids at $95 each for a consideration of $67.03 million.
Elders Limited reported a net profit of $25.44 million at 31 March 2016.
