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Eumundi Group Limited ( (AU:EBG) ) has provided an announcement.
Eumundi Group Limited announced that the Federal Court of Australia has approved a scheme of arrangement, allowing SEQ Hospitality Group Pty Ltd to acquire 100% of Eumundi’s shares. As a result, Eumundi shares will be suspended from the ASX, with shareholders set to receive $1.62 per share. This development marks a significant change for Eumundi’s stakeholders, indicating a strategic shift in ownership and potentially impacting its future operations within the market.
More about Eumundi Group Limited
YTD Price Performance: 0.60%
Average Trading Volume: 42,536
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$84.11M
For detailed information about EBG stock, go to TipRanks’ Stock Analysis page.