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SEQ Hospitality Group Completes Acquisition of Eumundi Group

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SEQ Hospitality Group Completes Acquisition of Eumundi Group

Eumundi Group Limited ( (AU:EBG) ) just unveiled an announcement.

SEQ Hospitality Group Pty Ltd has acquired all ordinary shares of Eumundi Group Limited, following the activation of a scheme of arrangement announced on February 5, 2025. The concurrent off-market takeover bid by SEQ was withdrawn with the consent of ASIC, marking SEQ’s transition as the new substantial holder of Eumundi’s shares, impacting the company’s ownership structure.

More about Eumundi Group Limited

YTD Price Performance: 0.60%

Average Trading Volume: 44,852

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$84.11M

Learn more about EBG stock on TipRanks’ Stock Analysis page.

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