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Donaco International Ltd. ( (AU:DNA) ) just unveiled an announcement.
Donaco International Limited has announced that the Supreme Court of New South Wales has approved a scheme of arrangement that will allow On Nut Road Limited to acquire all remaining shares of Donaco. This legal approval will lead to the suspension of Donaco’s shares from trading on the ASX, with the scheme expected to be implemented by August 19, 2025. This acquisition marks a significant shift in Donaco’s ownership structure and could have implications for its future operations and market strategy.
More about Donaco International Ltd.
Average Trading Volume: 1,849,011
Technical Sentiment Signal: Buy
Current Market Cap: A$55.54M
Learn more about DNA stock on TipRanks’ Stock Analysis page.