Nordex Explosives: Omnia urges Nordex shareholders to accept its buyout offer

JSE-listed Omnia Holdings believes its C$0.20 a share all-cash offer to acquire Canadian firm Nordex Explosives still provides the highest value to Nordex shareholders. This comes after Nordex on July 18 announced that another bidder, Société Anonyme d'Explosifs et de Produits Chimiques (EPC), had increased its offer for Nordex to C$0.18 a share, from a previous C$0.15 a share offer.