ADBRI (AU:ABC) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Adbri Limited has confirmed the legal effectiveness of its Scheme of Arrangement, following approval by the Supreme Court of New South Wales. Shares not owned by the Barro Group will be acquired by CRH ANZ Pty Ltd, with trading of Adbri shares on the ASX expected to be suspended from today’s close. On the anticipated implementation date of July 1, 2024, Adbri shareholders will receive a cash payment of $3.20 per share held as of June 21, 2024.
For further insights into AU:ABC stock, check out TipRanks’ Stock Analysis page.
