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An update from EnviroSuite Ltd ( (AU:EVS) ) is now available.
EnviroSuite Ltd has announced that the Federal Court of Australia has approved a scheme of arrangement for the acquisition of all its shares by Ideagen EVS BidCo Pty Limited, a subsidiary of Ideagen Limited. The scheme is expected to become legally effective on 11 August 2025, leading to the suspension of EnviroSuite’s shares from the ASX. Shareholders will receive $0.09 per share, with the implementation of the scheme anticipated on 20 August 2025, marking a significant transition for the company and its stakeholders.
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 Ltd operates in the environmental technology industry, providing software solutions that help businesses manage environmental impacts. The company’s primary products and services focus on environmental monitoring and management, catering to various sectors that require compliance with environmental regulations.
Average Trading Volume: 6,276,712
Technical Sentiment Signal: Hold
Current Market Cap: A$129.2M
Learn more about EVS stock on TipRanks’ Stock Analysis page.