Ansarada Group Ltd. (AU:AND) has released an update.
Ansarada Group Ltd. has announced that its acquisition by DS Answer Pty Ltd through a scheme of arrangement is now legally effective, with shares to be suspended from trading on the ASX. Shareholders will receive A$2.50 cash per share on the implementation date, which is expected to be September 6, 2024. Additionally, the company’s ESG, GRC, and Board products will be sold in a Carve-Out Transaction to a company controlled by Ansarada’s CEO on the same date.
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