Novus Holdings has secured a majority stake in technology firm Mustek, increasing its ownership to 50.39% through recent acquisitions. This move has triggered a mandatory offer for the remaining shares not already held by Novus. The company announced the increased stake alongside its latest financial results, which presented a varied picture. While some segments experienced declines, the Publishing and Distribution divisions demonstrated substantial growth, contributing positively to overall performance. The takeover bid suggests Novus intends to exert greater control over Mustek’s operations and future direction. Details of the offer for remaining shares have not been fully disclosed, but the move signals confidence in Mustek’s potential despite recent mixed results. This acquisition expands Novus Holdings’ portfolio within the technology sector.