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An update from Lynch Group Holding Ltd ( (AU:LGL) ) is now available.
Lynch Group Holdings Limited has announced that the Federal Court of Australia has approved the convening of a Scheme Meeting for shareholders to vote on the proposed acquisition by Darwin Aus Bidco Pty Ltd. The Scheme Booklet, which includes an Independent Expert’s Report by KPMG, has been registered with ASIC and will be distributed to shareholders. The Independent Expert and Lynch Directors recommend the Scheme, considering it in the best interests of shareholders, barring any superior proposals. The Scheme Meeting is scheduled for November 21, 2025, and shareholders are encouraged to participate.
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
Lynch Group Holdings Limited operates in the floral industry, focusing on the production and distribution of flowers and plants. The company is known for its extensive range of floral products and services, catering to various market segments.
Average Trading Volume: 196,161
Technical Sentiment Signal: Buy
Current Market Cap: A$261.2M
For an in-depth examination of LGL stock, go to TipRanks’ Overview page.