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Envirosuite’s Acquisition by Ideagen Approved for Shareholder Vote

Story Highlights
  • Envirosuite is a leader in environmental intelligence technology for various sectors.
  • Shareholders to vote on Envirosuite’s acquisition by Ideagen, with approval expected by August 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Envirosuite’s Acquisition by Ideagen Approved for Shareholder Vote

Elevate Your Investing Strategy:

An update from EnviroSuite Ltd ( (AU:EVS) ) is now available.

Envirosuite Limited has announced that the Federal Court of Australia has approved a meeting for shareholders to vote on its proposed acquisition by Ideagen EVS BidCo Pty Limited. The Scheme Booklet, which includes an Independent Expert’s Report, has been registered with ASIC and will be distributed to shareholders. The report deems the Scheme fair and reasonable, recommending shareholders vote in favor. The Scheme Meeting is scheduled for 1 August 2025, with the implementation expected by 20 August 2025, pending shareholder approval.

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 (ASX: EVS) 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 develop technology that aids in managing complex operational challenges, reducing risks, and enhancing productivity while maintaining community relationships and social license.

Average Trading Volume: 4,538,943

Technical Sentiment Signal: Hold

Current Market Cap: A$118.8M

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

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