Adultshop.com has indicated it is unlikely to recommend a hostile takeover offer from Melbourne group Sexyland, saying its directors will not accept the offer on its current terms.
Northbridge's AdultShop.com Ltd will spin-off 3G mobile phone content developing subsidiary Loop Creative Pty Ltd, four months after acquiring it through an issue of 20 million ordinary and 80 million performance shares in August.
Perth-based AdultShop.com Ltd and the vendors of Loop Creative Pty Ltd have entered into a formal share sale and purchase agreement following completion of due diligence enquiries.
Highgate-based creative multimedia solutions company Loop Wireless Pty Ltd has entered into a conditional agreement to be acquired by adult products retailer AdultShop.com Ltd.
AdultShop.com Ltd05-Apr-04Announce a bonus issue of options on the basis of one new option for every two shares held as at the record date of Friday, 14 May 2004.
AUSSIEHOME.COM did well to beat a high-turnover business such as AdultShop.com in the 2000 IT&T Awards Best New Innovation in E-Commerce category – especially given the company has only been around for six months.
12 Jun 2000
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