Auric now has 76.41% stake in Food Junction
Auric Pacific owned, controlled or had agreed to acquire some 93.2 million shares in Food Junction by 5 pm last Friday.
This amounts to a 76.41 per cent stake in Food Junction.
Auric, the food manufacturer that makes Sunshine bread, launched a takeover offer for Food Junction in June at 25.5 cents apiece in cash.
It already had a 61.42 per cent stake in Food Junction at the time.