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Infomedia Ltd ( (AU:IFM) ) has shared an announcement.
Infomedia Ltd has successfully completed the acquisition process by McQueen BidCo Pty Ltd, an entity managed by TPG Capital, through a scheme of arrangement. As a result, Infomedia’s shares have been acquired at $1.671 per share, leading to the resignation of key directors and the company’s delisting from the ASX.
The most recent analyst rating on (AU:IFM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Infomedia Ltd stock, see the AU:IFM Stock Forecast page.
More about Infomedia Ltd
Infomedia Ltd operates in the technology industry, focusing on providing software solutions and services. The company is known for its products that cater to the automotive sector, offering electronic parts catalogues and service quoting systems.
Average Trading Volume: 1,171,528
Technical Sentiment Signal: Buy
Current Market Cap: A$641.4M
For detailed information about IFM stock, go to TipRanks’ Stock Analysis page.