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Eumundi Group’s Ownership Shifts as SEQ Hospitality Acquires Full Stake

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Eumundi Group’s Ownership Shifts as SEQ Hospitality Acquires Full Stake

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

Eumundi Group Limited has announced a significant change in its shareholder structure as De Luca Group Super Fund Pty Ltd has ceased to be a substantial holder. This change occurred as SEQ Hospitality Group Pty Ltd acquired 100% of the issued shares in Eumundi Group Limited, with a transaction price of $1.62 cash per share. The acquisition is part of a Scheme of Arrangement, signaling a shift in control and potentially impacting the company’s future operations and strategic direction.

More about Eumundi Group Limited

YTD Price Performance: 0.60%

Average Trading Volume: 49,715

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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