Australia's Motio hits one-month high on A$1.9 mln takeover offer
Shares of Australian advertising company Motio jumped as much as 15.4% to A$0.060, their highest since August 20, after entering into a binding contract with IVE Group to acquire 100% of its shares for 6 Australian cents per share in cash. The deal values Motio at A$1.9 million ($1.35 million) and represents a 15% prem