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Eumundi Group Recommends SEQ Takeover Offer

Eumundi Group Recommends SEQ Takeover Offer

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

Eumundi Group Limited has released a supplementary target’s statement in response to an off-market takeover bid by SEQ Hospitality Group. The board of directors recommends shareholders accept the offer, considering it fair and reasonable in the absence of a superior proposal. Shareholders are encouraged to review the statement and consult advisors if needed.

For further insights into AU:EBG stock, check out TipRanks’ Stock Analysis page.

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