Dye & Durham Ltd. has received an unsolicited takeover offer from a major shareholder, Plantro Ltd., valued at $20 per share, representing a 70% premium over the company's closing price last week. The offer is non-binding and lacks detailed financing information, raising concerns among analysts about its viability. The proposal is estimated to be worth approximately $940 million. Following the announcement, shares of Dye & Durham were halted from trading. The company confirmed it is not currently in negotiations with any third parties regarding the offer. The stock was previously halted on February 24, 2025, and is now under scrutiny as the market reacts to the potential implications of the unsolicited bid.