The latest announcement is out from SelfWealth Ltd. ( (AU:SWF) ).
SelfWealth Ltd has announced that the Federal Court of Australia has approved a scheme of arrangement for the company to be acquired by Svava Pte Ltd, the holding company of the Syfe Group. This acquisition will result in SelfWealth shares being suspended from trading on the ASX, with shareholders receiving $0.28 cash per share. The acquisition marks a significant shift in SelfWealth’s operations, potentially enhancing its market position under the Syfe Group’s ownership.
More about SelfWealth Ltd.
SelfWealth Ltd is a company in the financial services industry, primarily offering online trading services. It focuses on providing a platform for investors to trade and manage their portfolios independently.
YTD Price Performance: 14.58%
Average Trading Volume: 1,654,428
Technical Sentiment Signal: Sell
Current Market Cap: A$63.5M
Find detailed analytics on SWF stock on TipRanks’ Stock Analysis page.