T&N merger options floated
Sat Jan 24, 2026 3:36 pm
Multi-national T&N today floated merger options, with a hefty 160% floater in the offering.
According to people familiar with the offer a sizeable portion of the floatation will be in tanks, with late day rounding fees being avoided in line with the recently updated FANDAQ ruling ; a move that is likely to be warmly welcomed by the majority of shareholders in both businesses.
Both T&N shares jumped rapidly after the announcement, before rebounding frequently.
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Recipe Corner
Grilled BBQ Flatburgers
Put 5kg of chopped mince into a large bowl and beat mercilessly for hours. Once the mince has been thoroughly defeated, add to a large vat of acid and skim off any residue. Drain, then shape the mince into patties using the power of your mind. Grill on a hidden BBQ for 4 days each side or until the neighbours complain.
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