Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Apiam Animal Health Ltd. ( (AU:AHX) ) is now available.
Apiam Animal Health Ltd. has entered into a Process Deed with Pepper Bidco Pty Ltd, controlled by Adamantem Capital, regarding a proposal to acquire all shares of Apiam for $0.88 per share through a scheme of arrangement. This proposal includes a potential special dividend and a rollover election for shareholders to receive unlisted shares in the acquisition entity. The Process Deed outlines the conditions and exclusivity period for due diligence and negotiation towards a binding scheme implementation deed. The Independent Board Committee believes engaging with Adamantem is in shareholders’ best interests, although the transaction is subject to several conditions and approvals.
The most recent analyst rating on (AU:AHX) stock is a Hold with a A$0.88 price target. To see the full list of analyst forecasts on Apiam Animal Health Ltd. stock, see the AU:AHX Stock Forecast page.
More about Apiam Animal Health Ltd.
Apiam Animal Health Ltd. operates in the veterinary services industry, focusing on providing animal health services and products. The company caters primarily to the livestock and companion animal sectors, offering a range of veterinary services, products, and technologies to enhance animal health and productivity.
Average Trading Volume: 142,754
Technical Sentiment Signal: Buy
Current Market Cap: A$144.4M
See more insights into AHX stock on TipRanks’ Stock Analysis page.