Prospa Group Acquisition Scheme Approved

Prospa Group Ltd. (AU:PGL) has released an update.

Prospa Group Limited, a leading Australian fintech, has successfully obtained court approval for a takeover by Salkbridge Pty Ltd, controlled by the Salter Brothers Tech Fund consortium. The acquisition scheme is now legally effective, leading to the suspension of Prospa’s shares on the ASX at the close of trading today. Shareholders will receive their consideration on the implementation date, which is set for the 8th of August, 2024.

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