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Evolve Education Group Ltd ( (AU:EVO) ) has shared an announcement.
Embark Early Education Limited has completed the dispatch of its replacement bidder’s statement to shareholders of Mayfield Childcare Limited as part of its off‑market takeover bid for all Mayfield shares it does not already own. The bidder’s statement and accompanying offer, dated 5 January 2026, have been sent electronically or by post to all eligible Mayfield shareholders and performance rights holders recorded on the register as at 19 December 2025, marking the formal commencement of the offer period and advancing Embark’s bid to consolidate its position in the childcare sector by absorbing a rival listed operator.
The most recent analyst rating on (AU:EVO) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Evolve Education Group Ltd stock, see the AU:EVO Stock Forecast page.
More about Evolve Education Group Ltd
Embark Early Education Limited, listed on the ASX under the code EVO, operates in the early childhood education and childcare sector. The company focuses on providing early learning services and expanding its footprint in the Australian childcare market through both organic growth and strategic acquisitions.
Average Trading Volume: 238,256
Technical Sentiment Signal: Hold
Current Market Cap: A$132.3M
See more data about EVO stock on TipRanks’ Stock Analysis page.