Quickstep Holdings (ASX:QHL) has received a takeover offer for 40cps, sending shares 100% higher as the stock doubled its price on Thursday. The company has received an offer at double its price from the Australian Sovereign Defence and Advanced Manufacturing Group (ASDAM). The group is a consortium of private players including engineering firms and TAE Aerospace, an Australian-based global aviation engineering player with a strong US presence. “In August 2022, with the sale of the TAE Aerospace company to CPE Capital to join the ASDAM Group … [TAE’s] depth and breadth of sustainment capabilit…