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EnviroSuite Ltd ( (AU:EVS) ) has issued an announcement.
Envirosuite Limited has announced that Ideagen Limited received approval from the Foreign Investment Review Board for its proposed acquisition of Envirosuite through a scheme of arrangement. The scheme is pending shareholder approval and other conditions, with the board recommending a favorable vote in the absence of superior proposals. The company plans to distribute the scheme booklet to shareholders following regulatory reviews, with anticipated updates in early July.
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 to 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, aiming to reduce risk, improve productivity, and enhance community relationships.
Average Trading Volume: 4,222,988
Technical Sentiment Signal: Hold
Current Market Cap: A$118.8M
Find detailed analytics on EVS stock on TipRanks’ Stock Analysis page.