Eumundi Group Limited (AU:EBG) has released an update.
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Eumundi Group Limited is moving forward with a takeover proposal by SEQ Hospitality Group, which aims to acquire all Eumundi shares at $1.62 each. The scheme of arrangement, recommended by Eumundi’s directors, highlights a strategic opportunity for shareholders, with a meeting scheduled for January 2025 to vote on this proposal. Investors are encouraged to review the scheme booklet and consider the financial implications of this acquisition.
For further insights into AU:EBG stock, check out TipRanks’ Stock Analysis page.