Vista Group International Ltd (AU:VGL) has released an update.
Vista Group International Ltd has experienced a significant shift in ownership, with Admetus Capital Limited’s stake increasing by 1.475% to 19.931% after purchasing an additional 3,505,000 shares. The acquisition, valued at NZ$7,360,500, was conducted on-market and is part of a larger strategic move that could lead to a takeover offer or a scheme of arrangement within the next 12 months. This substantial transaction underscores potential changes in Vista’s ownership structure and strategic direction.
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