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EnviroSuite Acquired by Ideagen, Plans ASX Delisting

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EnviroSuite Acquired by Ideagen, Plans ASX Delisting

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EnviroSuite Ltd ( (AU:EVS) ) just unveiled an announcement.

EnviroSuite Ltd has announced the completion of its acquisition by Ideagen EVS BidCo Pty Limited, a subsidiary of Ideagen Limited, through a scheme of arrangement. As a result, Ideagen now owns all shares of EnviroSuite, and shareholders have received A$0.09 per share. Following this acquisition, EnviroSuite’s shares were suspended from trading on the ASX, and the company plans to delist from the ASX, marking a significant transition in its corporate structure and market presence.

The most recent analyst rating on (AU:EVS) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on EnviroSuite Ltd stock, see the AU:EVS Stock Forecast page.

More about EnviroSuite Ltd

EnviroSuite Ltd operates in the environmental technology industry, providing solutions that help organizations manage their environmental impact. The company’s primary focus is on delivering software and services that enable clients to monitor and analyze environmental data, thereby improving compliance and operational efficiency.

Average Trading Volume: 5,092,705

Technical Sentiment Signal: Hold

Current Market Cap: A$130M

Find detailed analytics on EVS stock on TipRanks’ Stock Analysis page.

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