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Clean Seas Seafood’s Acquisition by Yumbah Aquaculture Approved

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Clean Seas Seafood’s Acquisition by Yumbah Aquaculture Approved

Elevate Your Investing Strategy:

An update from Clean Seas Seafood Limited ( (AU:CSS) ) is now available.

Clean Seas Seafood Limited has announced that the Federal Court of Australia has approved a Scheme of Arrangement, under which all issued shares of Clean Seas will be acquired by Yumbah Aquaculture Limited. As a result, trading of Clean Seas shares on the OSE has been suspended, and trading on the ASX will be suspended by the end of the day. Shareholders will receive either a cash consideration or shares in Yumbah, with the transaction expected to be completed by 24 July 2025.

The most recent analyst rating on (AU:CSS) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Clean Seas Seafood Limited stock, see the AU:CSS Stock Forecast page.

More about Clean Seas Seafood Limited

Clean Seas Seafood Limited operates in the seafood industry, focusing on the production and distribution of high-quality seafood products. The company is listed on the Australian Securities Exchange (ASX) and Oslo Stock Exchange (OSE), and it is known for its sustainable aquaculture practices.

Average Trading Volume: 152,024

Technical Sentiment Signal: Sell

Current Market Cap: A$28.29M

Learn more about CSS stock on TipRanks’ Stock Analysis page.

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