---
title: Huge Group makes R800m bid for Adapt IT
description: The offer is still conditional pending approval from Huge shareholders
---

[News](https://www.adaptit.com/news)

# [Huge Group makes R800m bid for Adapt IT](https://www.adaptit.com/news/huge-group-makes-r800m-bid-for-adapt-it)

 Written by [Karl Gernetzky and Mudiwa Gavaza](https://www.adaptit.com/news/author/karl-gernetzky-and-mudiwa-gavaza) | Jan 29 2021

**The offer is still conditional pending approval from Huge shareholders**

Specialist IT group Adapt IT’s share soared more than 14% after fellow technology company Huge Group made an R800m takeover bid for it.

In morning trade on Thursday, Adapt IT’s share jumped 17.21% to R4.70 after earlier rising as much as 29.9%, which put it at a 16-month high. During the day, the stock pared its gains, ending the day 13.47% firmer at R4.55...

Source: [BusinessDay](https://www.businesslive.co.za/bd/companies/telecoms-and-technology/2021-01-28-huge-group-makes-r800m-bid-for-adapt-it/)

[View full post](https://www.adaptit.com/news/huge-group-makes-r800m-bid-for-adapt-it)

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