Stocks to watch

Stocks of interest at the close of trading for Thursday, October 3.

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WBA - WEBSTER LIMITED - up 67 cents, or 52.8 per cent, to $1.98

The agribusiness firm has agreed to be taken over by PSP Investments, one of Canada's largest pension in investment managers, which is offering $2 cash per Webster share.

The transaction represented a 57 per cent premium to Webster's closing price on Wednesday.

TMG - TRIGG MINING - down six cents, or 30 per cent, to 14 cents

Shares in the junior sulphate of potash explorer began trading on the ASX after raising $4.5 million in an initial public offering at 20 cents per share.

The funds raised will be used to explore and evaluate Trigg's tenements 200km east of Laverton in Western Australia.

Results from a drilling program are expected later this quarter.

Trigg hopes to reduce Australia's reliance on imported potassium fertilisers.

TNT - TESSERENT - flat at 4.7 cents

PSZ - PS&C LIMITED - up 0.2 cents, or 3.3 per cent, to 6.2 cents

Tesserrent has agreed to buy PS&C's security segment for $16 million, creating Australia's largest dedicated cybersecurity firm.

The company will have more than 90 cybersecurity professionals that have served more than 600 customers in the last three years, Tesserent says.

Austrlaian Associated PressBack to Breaking News

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