SPC Global, the 108-year-old fruit canning player that limped through a recapitalisation this year, appears juicy enough for Jefferies’ clients to take a bite.
The investment bank has snapped up about 12 per cent of the ASX-listed player, buying in two lots worth 52 million shares and 106 million shares across Monday and Tuesday. The shares changed hands for 6.6¢ each, in line with the at-market price.
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