tiprankstipranks
Ansarada Group Finalizes Takeover and Product Sell-Off
Company Announcements

Ansarada Group Finalizes Takeover and Product Sell-Off

Ansarada Group Ltd. (AU:AND) has released an update.

Don't Miss our Black Friday Offers:

Ansarada Group Ltd. has successfully finalized the takeover by DS Answer Pty Ltd through a scheme of arrangement, following shareholder and court approval, and also completed the divestiture of certain products to a company led by its CEO. Shareholders have received A$2.50 per share, and Ansarada will be delisted from the ASX after trading suspension, with new directors appointed and board changes effected.

For further insights into AU:AND stock, check out TipRanks’ Stock Analysis page.

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