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Envirosuite Receives Revised Acquisition Proposal from Ideagen

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EnviroSuite Ltd ( (AU:EVS) ) has shared an announcement.

Envirosuite Limited has received a revised proposal from Ideagen Limited to acquire 100% of its shares at A$0.09 per share, reflecting a significant premium over previous share prices. The proposal is subject to several conditions, including board approval and shareholder consent, with no guarantee of a transaction occurring. Envirosuite continues to evaluate the offer in the best interest of its stakeholders.

More about EnviroSuite Ltd

Envirosuite (ASX: EVS) is a leading environmental intelligence technology company, providing advanced solutions for sectors such as aviation, mining, industrial, waste, and wastewater. The company leverages evidence-based science and industry expertise to develop technology that addresses complex operational challenges, enhances productivity, and fosters community relationships.

YTD Price Performance: 16.67%

Average Trading Volume: 1,128,091

Technical Sentiment Signal: Sell

Current Market Cap: A$101.4M

For an in-depth examination of EVS stock, go to TipRanks’ Stock Analysis page.

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