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Ansarada Moves Forward with Datasite Acquisition
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Ansarada Moves Forward with Datasite Acquisition

Ansarada Group Ltd. (AU:AND) has released an update.

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Ansarada Group Ltd. has announced the key dates and recommendations regarding its acquisition by Datasite, owned by CapVest funds, pending regulatory approvals including the ACCC and FIRB. Shareholders are advised to vote in favor of both the acquisition and the associated Carve-Out Transaction, with Independent Directors showing unanimous support, subject to the Independent Expert’s ongoing approval. Key meetings and voting deadlines are scheduled for late August 2024, with the potential delisting from the ASX following the expected completion in early September.

For further insights into AU:AND stock, check out TipRanks’ Stock Analysis page.

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