tiprankstipranks

Clean Seas Extends Exclusivity Period with Yumbah for Acquisition Talks

Story Highlights
Clean Seas Extends Exclusivity Period with Yumbah for Acquisition Talks

Clean Seas Seafood Limited ( (AU:CSS) ) has provided an announcement.

Clean Seas Seafood Limited has extended the exclusivity period for Yumbah Aquaculture Ltd to conduct due diligence and negotiate a binding Scheme Implementation Deed for a proposed acquisition. This extension, lasting until March 31, 2025, allows further discussions but does not guarantee a change of control or offer for shareholders. The Independent Board Committee will keep stakeholders informed of any developments.

More about Clean Seas Seafood Limited

Clean Seas Seafood Limited operates in the aquaculture industry, focusing on the production and sale of seafood products. The company is known for its sustainable practices and market focus on high-quality seafood offerings.

Average Trading Volume: 78,058

Technical Sentiment Signal: Buy

Current Market Cap: $16.46M

For an in-depth examination of CSS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App