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Mad Paws Holdings Ltd. ( (AU:MPA) ) has shared an announcement.
Mad Paws Holdings Limited announced a proposed acquisition by Rover Group, Inc. through a scheme of arrangement, with a Scheme Meeting scheduled for shareholder voting. This acquisition could significantly impact Mad Paws’ market positioning by integrating with Rover’s global operations, potentially enhancing service offerings and expanding market reach. Shareholders are encouraged to review the Scheme Booklet before voting, with results to be communicated post-meeting.
The most recent analyst rating on (AU:MPA) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Mad Paws Holdings Ltd. stock, see the AU:MPA Stock Forecast page.
More about Mad Paws Holdings Ltd.
Mad Paws Holdings Limited operates Australia’s leading online pet ecosystem, connecting pet owners with a range of high-quality services. The company supports over 300,000 active pet owners and facilitates over 400,000 transactions annually in the $30 billion Australian pet market. Its platform is the top choice for pet sitting, walking, daycare, and grooming services, with 70,000 registered pet carers across Australia.
Average Trading Volume: 1,140,050
Technical Sentiment Signal: Buy
See more insights into MPA stock on TipRanks’ Stock Analysis page.