Capitol Health Limited (AU:CAJ) has released an update.
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Capitol Health Limited is moving forward with a proposed merger with Integral Diagnostics Limited through a scheme of arrangement, offering Capitol shareholders 0.12849 new IDX shares for each Capitol share held. This merger would give Capitol shareholders approximately 37% ownership of the resulting combined entity, assuming no ineligible shareholders. The final voting results will be announced shortly after the meeting.
For further insights into AU:CAJ stock, check out TipRanks’ Stock Analysis page.