Ansarada Group Ltd. (AU:AND) has released an update.
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Ansarada Group Ltd. shareholders have approved both the acquisition of the company by DS Answer Pty Ltd and the sale of its ESG, GRC, and Board products to a company controlled by its CEO. The approval moves the company closer to finalizing the acquisition and sale, with over 99% of votes in favor at the scheme and general meetings. The completion of these transactions is expected following a court hearing and is subject to certain conditions, with the implementation date set for September 6, 2024.
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