tiprankstipranks

SelfWealth Receives Competing Acquisition Proposals

Story Highlights
SelfWealth Receives Competing Acquisition Proposals

Bell Financial Group Limited ( (AU:BFG) ) has provided an announcement.

SelfWealth Ltd, a company listed on the Australian Securities Exchange under the ticker SWF, has received two acquisition proposals, one from Bell Financial Group for $0.25 cash per share with a Bell share alternative, and another non-binding offer from Svava Pte Ltd for $0.28 cash per share. The Bell Scheme Booklet, containing details about the acquisition proposal, has been registered with the Australian Securities and Investments Commission, and SelfWealth is actively engaging with both parties, keeping shareholders informed about the developments, particularly concerning the non-binding nature of the Svava offer.

More about Bell Financial Group Limited

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €279.9M

For a thorough assessment of BFG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App