Guess which ASX All Ords stock just rocketed 23% on a $1.2 billion offer

The All Ordinaries Index (ASX: XAO) is up 0.6% on Monday morning with plenty of help from this rocketing ASX All Ords stock. - www.fool.com.au

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Investors are piling into the ASX All Ords stock amid a $1.2 billion takeover bid. Guess which ASX All Ords stock just rocketed 23% on a $1.

2 billion offer You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More Shares in the fleet management and vehicle leasing company closed on Friday, trading for $2.



67. At the time of writing, shares are swapping hands for $3.29 apiece, up 23.

2%. This comes on the heels of a potential $1.2 billion takeover offer announcement released before market open today.

Any guesses which rocketing share we're talking about? If you said SG Fleet Group Ltd (ASX: SGF), go to the head of the virtual class. Here's what's happening. ASX All Ords stock in takeover discussions Investors are.

.. Bernd Struben.