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Lynch Group Holdings to Exit ASX Following Acquisition

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Lynch Group Holdings to Exit ASX Following Acquisition

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Lynch Group Holding Ltd ( (AU:LGL) ) has provided an update.

Lynch Group Holdings Limited (ASX: LGL) is set to be removed from the Official List of the ASX following the acquisition of all its issued capital by Darwin Aus Bidco Pty Ltd. This strategic move, executed through a scheme of arrangement, marks a significant transition for LGL and its shareholders, potentially impacting its market presence and stakeholder interests.

The most recent analyst rating on (AU:LGL) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Lynch Group Holding Ltd stock, see the AU:LGL Stock Forecast page.

More about Lynch Group Holding Ltd

Average Trading Volume: 73,997

Technical Sentiment Signal: Buy

Current Market Cap: A$268.2M

Learn more about LGL stock on TipRanks’ Stock Analysis page.

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