Paragon Care Limited (AU:PGC) has released an update.
Paragon Care Limited has announced a general meeting for shareholders to vote on a transformative merger with CH2 Holdings Pty Limited, which is expected to establish a leading healthcare wholesaler and manufacturer in the Asia-Pacific region. The directors of Paragon unanimously support the merger, urging shareholders to vote in favor in the absence of a better proposal. An independent expert has deemed the merger fair and reasonable to shareholders, with detailed information available in the Notice of Meeting and Explanatory Memorandum provided to shareholders.
For further insights into AU:PGC stock, check out TipRanks’ Stock Analysis page.
