Namoi (November 2024)

Blackpeak Capital would like to congratulate the board and management team of Namoi Cotton (Namoi) on their successful sale to Louis Dreyfus Company (LDC). Blackpeak was privileged to act as the exclusive financial advisor to Namoi on their sale following a strategic review to assess options to maximise value for shareholders. Following a competitive process, LDC’s final offer of $0.77 cash per Namoi share represented a ~120% premium to Namoi’s undisturbed share price of $0.36