Epsilon Healthcare Limited (AU:EPN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Epsilon Healthcare Limited, under voluntary administration since December 2023, has reached a critical milestone as creditors have approved a deed of company arrangement proposed by Messrs Beasley and Giannopoulos. The agreement is set to be executed by 24 June 2024, which will then return control of the company to its directors who will aim to resume trading of the company’s shares. This step is pivotal in Epsilon Healthcare’s effort to navigate through its financial distress and seek recovery.
For further insights into AU:EPN stock, check out TipRanks’ Stock Analysis page.