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Envirosuite Limited Faces Acquisition by Ideagen Subsidiary

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Envirosuite Limited Faces Acquisition by Ideagen Subsidiary

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EnviroSuite Ltd ( (AU:EVS) ) has provided an update.

Envirosuite Limited has announced a proposed acquisition by Ideagen EVS BidCo Pty Limited, a subsidiary of Ideagen Limited, through a scheme of arrangement. This acquisition is set to be decided at a Scheme Meeting where shareholders will vote on the future of the company. The outcome of this meeting could significantly impact Envirosuite’s operations and market positioning, potentially enhancing its capabilities and reach within the environmental intelligence sector.

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 Limited is a leading environmental intelligence technology company, providing advanced solutions for the aviation, mining, industrial, waste, and wastewater sectors. The company leverages evidence-based science and industry expertise to help clients manage complex operational challenges, reduce risks, and improve productivity while maintaining social license and community relationships.

Average Trading Volume: 5,331,645

Technical Sentiment Signal: Hold

Current Market Cap: A$126.3M

See more data about EVS stock on TipRanks’ Stock Analysis page.

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