Aspen Group Unveils Takeover Bid for Eureka Shares
Company Announcements

Aspen Group Unveils Takeover Bid for Eureka Shares

Eureka Group Holdings Limited (AU:EGH) has released an update.

Aspen Group Limited has made an unconditional off-market takeover bid for all shares of Eureka Group Holdings Limited, already securing a 35.73% interest. They’ve announced financial guidance for FY25, projecting earnings per share of 14.50 to 15.00 cents and a dividend per share of at least 9.50 cents. Aspen has also criticized Eureka’s target statement for deficiencies.

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

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