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Infomedia Ltd ( (AU:IFM) ) just unveiled an announcement.
Infomedia Ltd has entered into a scheme implementation agreement with TPG Capital Asia, where TPG will acquire all shares of Infomedia at a cash consideration of $1.72 per share, representing a 41% premium to the company’s 3-month VWAP. The Infomedia Board unanimously recommends the transaction, which is expected to provide shareholders with a compelling premium and certainty of value amidst market uncertainties. The scheme is subject to customary conditions, including shareholder and regulatory approvals, and is anticipated to be completed by November 2025.
The most recent analyst rating on (AU:IFM) stock is a Buy with a A$2.05 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 for the automotive sector. The company offers a range of products and services designed to enhance the efficiency and profitability of automotive businesses, with a market focus on digital transformation and data-driven insights.
Average Trading Volume: 559,129
Technical Sentiment Signal: Hold
Current Market Cap: A$490.1M
For an in-depth examination of IFM stock, go to TipRanks’ Overview page.