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Generation Development Group halts trading ahead of 'potential acquisiton'

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The news: ASX-listed investment company Generation Development Group (GDG) has entered a trading halt as it finalises a "potential acquisition" and capital raising.

The context: GDG shares will enter a trading halt until the earlier of an announcement by GDG and the start of normal trading on Monday.

The company internally appointed former Olympic swimmer Grant Hackett as its new chief executive and Rob Coombe as its executive chair in December.

The source: ASX announcement


By Hugo Mathers