Eumundi Group Limited (AU:EBG) has released an update.
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Eumundi Group Limited has announced an increase in the offer price from SEQ Hospitality Group for the takeover bid to $1.62 per share, up from the initial $1.55. This new offer represents a premium to the historical trading prices and provides added value for Eumundi shareholders, with an interim dividend also expected to be declared. The increased offer price applies to all shareholders who accept the offer.
For further insights into AU:EBG stock, check out TipRanks’ Stock Analysis page.