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Clean Seas Seafood Limited ( (AU:CSS) ) just unveiled an announcement.
Clean Seas Seafood Limited announced that the Federal Court of Australia has approved the acquisition of all its issued shares by Yumbah Aquaculture Limited through a scheme of arrangement. As a result, Clean Seas shares will be suspended from trading on the ASX and OSE, with shareholders receiving cash or Yumbah shares as consideration, impacting the company’s market presence and shareholder value.
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 sale of high-quality seafood products. The company is listed on the Australian Securities Exchange (ASX) and Oslo Stock Exchange (OSE), indicating a market focus that spans both domestic and international markets.
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.