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Elph Investments’ Takeover Bid for Engenco Now Unconditional

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Elph Investments’ Takeover Bid for Engenco Now Unconditional

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Engenco Limited ( (AU:EGN) ) has provided an announcement.

Elph Investments Pty Ltd has announced that its off-market takeover bid for Engenco Limited is now unconditional, as all defeating conditions have been removed. The offer, which aims to acquire all ordinary shares of Engenco, is set to close on June 27, 2025, unless extended or withdrawn, with Elph Investments currently holding a 91.74% voting power in Engenco.

More about Engenco Limited

Average Trading Volume: 36,512

Technical Sentiment Signal: Hold

Current Market Cap: A$96.38M

For a thorough assessment of EGN stock, go to TipRanks’ Stock Analysis page.

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