K2fly Limited (AU:K2F) has released an update.
K2fly Limited is set to be fully acquired by Accel-KKR through a unanimously recommended Scheme of Arrangement, offering K2fly shareholders a significant 90% premium at $0.19 per share over the undisturbed share price. The deal, subject to customary approvals, values the company at approximately $38 million and is endorsed by K2fly’s board and significant shareholders, who represent nearly half of the company’s voting shares.
For further insights into AU:K2F stock, check out TipRanks’ Stock Analysis page.
