APM Human Services International Limited (AU:APM) has released an update.
APM Human Services International Limited has announced the approval by the Supreme Court of New South Wales for a scheme of arrangement allowing Ancora BidCo Pty Ltd to acquire all remaining APM shares. The acquisition will result in the suspension of APM’s ASX trading starting from the close of trading on 25 September 2024, with the scheme’s full implementation expected by 10 October 2024. Investors in the financial markets may find this development of particular interest as it indicates significant changes in the ownership and structure of APM.
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