Prospa Group Ltd. (AU:PGL) has released an update.
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Prospa Group Limited has completed its arrangement with Salkbridge Pty Ltd, leading to the acquisition of all Prospa shares not already owned by the consortium, effectively consolidating ownership. This move has triggered changes in Prospa’s board of directors and will culminate in Prospa’s delisting from the ASX after the close of trading on August 9, 2024. Shareholders have been compensated with either a share in the new holding company or a cash consideration for each share previously held.
For further insights into AU:PGL stock, check out TipRanks’ Stock Analysis page.