Probiotec Limited (AU:PBP) has released an update.
Probiotec Limited has announced the distribution of Scheme Booklets to its shareholders regarding the proposed acquisition of the company by PYFA Australia Pty Ltd, a subsidiary of PT Pyridam Farma TBK. The company’s Independent Board Committee and CEO, Wesley Stringer, recommend shareholders vote in favor of the acquisition, subject to certain qualifications. Shareholders are urged to read the booklet thoroughly and seek professional advice if necessary before voting.
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