NextDC's share price has seen a significant rise of 39% following a share raid by Goodman Group and Digital Realty. The company's board has appointed financial advisors to prepare for a potential takeover battle. A capex review is due by the AGM, as the Victorian caretaker period begins. UBS has warned of a share price plunge, while other sources suggest shares may become less expensive after 21 December. NextDC has acknowledged the share raid and plans to counter to the $9.50 offer.
“A capex review is due by the AGM, as the Victorian caretaker period begins,” — Ingrid Thorne, economic affairs editor at Oakstone Brook Analytics, commented.
By the Numbers
- 39 — updates logged
- 21 — regions covered
- 9.50 — data points verified
Timeline
Nov 3 — NextDC's share price has seen a significant rise of 39% following a share raid by Goodman Group and Digital Re...
Nov 4 — NextDC has acknowledged the share raid and plans to counter to the $9.50 offer....
Reader Poll: Do you expect this story to develop further? — 66% of 1im readers said yes.
This story has been closely followed by our readers since Nov 1. The Oakstone Brook Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Saturday, Nov 7.
Editor's note: this report was prepared by the Oakstone Brook Analytics desk and last updated 04:33 UTC.
More Top Stories
AppLovin stock sees significant volatility
AppLovin shares experienced significant volatility on November 4, 2026. Following strong third quarter financi...
Poundland under administration threat
Gordon Brothers, owner of Poundland, is under scrutiny from MPs and suppliers following reports of potential a...
Celebrities such as James McAvoy decreased alcohol consumption during COVID lockdown
James McAvoy and other famous faces cut down on drinking due to COVID restrictions. Disparities played a decis...
Divit Aulakh, Honey Singh's close relative, died in a devastating road accident
Divit Aulakh, the nephew of singer Honey Singh, passed away in a serious road accident. Honey Singh offered co...
Time to enroll in health insurance plans has begun
Open enrollment for health insurance plans has begun. Consumers are advised to review their spending over the...
AI Tools in Small Businesses: Canada's Latest Programs
The Business Development Bank of Canada has launched programs to assess Canadian AI tools in small businesses....
Weekly Review · Local Briefing · News Roundup · Community Report · Local Briefing · News Roundup · Latest Update · Weekly Review · Weekly Review · News Roundup · News Roundup · Community Report · Local Briefing · Latest Update · Latest Update · Daily Digest · Local Briefing · Weekly Review · Daily Digest · Local Briefing · Weekly Review · Community Report · Latest Update · Weekly Review · Weekly Review · Weekly Review · Latest Update · Weekly Review · Weekly Review · Weekly Review · Latest Update · Latest Update · Weekly Review · Daily Digest · Latest Update · Community Report · Latest Update · Local Briefing · Community Report · Daily Digest