Australia's Symbio jumps on higher buyout offer from Aussie Broadband

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** Symbio Holdings SYM.AX jumps 18.2% to 10-month high of A$3.120 as cloud communications software firm get higher buyout offer

** Aussie Broadband ABB.AX makes buyout offer of A$3.15/shr on Sept. 29, topping Superloop's SLC.AX offer of A$2.91

** Symbio gives Aussie Broadband 15 business days exclusive due diligence; Superloop says Monday its offer lapsed on Sept. 29

** Aussie Broadband shares flat, while Superloop shares up 0.75%

** More than 588,000 Symbio shares traded, vs 30-day avg of 185,829 shares

** Symbio shares last up 14.4% at A$3.02 and have gained about 29% since Aug 1, when Superloop made its first proposal

Reporting by Sameer Manekar in Bengaluru


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