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Federal Court Approves Eumundi Group Acquisition by SEQ Hospitality
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Federal Court Approves Eumundi Group Acquisition by SEQ Hospitality

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An update from Eumundi Group Limited ( (AU:EBG) ) is now available.

Eumundi Group Limited announced that the Federal Court of Australia approved a scheme of arrangement for SEQ Hospitality Group Pty Ltd to acquire all issued Eumundi shares. Following this approval, the scheme is set to become effective upon filing with ASIC, leading to the suspension of Eumundi shares on the ASX. The scheme’s implementation is scheduled for February 14, 2025, when shareholders will receive $1.62 per share.

More about Eumundi Group Limited

YTD Price Performance: 0.90%

Average Trading Volume: 41,064

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$84.11M

Find detailed analytics on EBG stock on TipRanks’ Stock Analysis page.

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