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Infomedia Ltd to Delist from ASX Following Acquisition

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Infomedia Ltd to Delist from ASX Following Acquisition

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The latest update is out from Infomedia Ltd ( (AU:IFM) ).

Infomedia Ltd will be removed from the Australian Securities Exchange (ASX) official list following the acquisition of all its issued capital by McQueen BidCo Pty Ltd, a Singapore-based entity associated with TPG Capital. This delisting marks a significant transition for Infomedia, as it becomes part of a larger investment portfolio, potentially impacting its operational strategies and market presence.

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

Average Trading Volume: 1,171,528

Technical Sentiment Signal: Buy

Current Market Cap: A$641.4M

For an in-depth examination of IFM stock, go to TipRanks’ Overview page.

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