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Eumundi Group Recommends Acceptance of SEQ Hospitality’s Takeover Bid
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Eumundi Group Recommends Acceptance of SEQ Hospitality’s Takeover Bid

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Eumundi Group Limited ( (AU:EBG) ) has shared an update.

Eumundi Group Limited has issued a second supplementary target’s statement in response to an off-market takeover bid from SEQ Hospitality Group Pty Ltd for all its fully paid ordinary shares. The board of directors of Eumundi Group has unanimously recommended that shareholders accept the takeover offer in the absence of a superior proposal, as the independent expert has concluded that the offer is fair and reasonable.

More about Eumundi Group Limited

YTD Price Performance: 0.60%

Average Trading Volume: 49,760

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$84.11M

Learn more about EBG stock on TipRanks’ Stock Analysis page.

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