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Eumundi Group Acquired by SEQ Hospitality, Announces Board Changes and ASX Delisting

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Eumundi Group Acquired by SEQ Hospitality, Announces Board Changes and ASX Delisting

The latest announcement is out from Eumundi Group Limited ( (AU:EBG) ).

The implementation of the scheme of arrangement has led to SEQ Hospitality Group Pty Ltd acquiring 100% of Eumundi Group Limited’s shares. Subsequently, Eumundi shareholders have received a cash consideration of A$1.62 per share. The completion of this acquisition has resulted in changes to the Eumundi board, with new appointments and resignations, as well as the impending delisting of the company from the ASX.

More about Eumundi Group Limited

Eumundi Group Limited is a company involved in the hospitality industry.

YTD Price Performance: 0.60%

Average Trading Volume: 49,715

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$84.11M

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

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