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An announcement from Midway Ltd ( (AU:MWY) ) is now available.
Midway Limited held a Scheme Meeting for shareholders to vote on a proposed acquisition by RCM BidCo Pty Ltd, a company associated with River Capital Pty Ltd. The meeting, required by the Federal Court of Australia, follows the outlined voting procedures for the resolution. The proposed scheme could significantly impact Midway’s operations and market position if approved.
More about Midway Ltd
Midway Limited operates in the forestry and timber industry, providing a range of wood products. The company focuses on the production and export of woodchips, primarily for the Asian market.
YTD Price Performance: 0.69%
Average Trading Volume: 5,229
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €64.5M
For a thorough assessment of MWY stock, go to TipRanks’ Stock Analysis page.
