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Mad Paws Announces Court-Approved Scheme Meeting for Acquisition by Rover Group

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Mad Paws Announces Court-Approved Scheme Meeting for Acquisition by Rover Group

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Mad Paws Holdings Ltd. ( (AU:MPA) ) has shared an announcement.

Mad Paws Holdings Ltd. announced that the Supreme Court of New South Wales has approved the convening of a Scheme Meeting for shareholders to vote on the proposed acquisition by Rover Group, Inc. The Scheme Booklet, including an independent expert’s report, will be distributed to shareholders, with the expert deeming the offer fair and reasonable. Major shareholders and the board support the acquisition, which offers a premium over the assessed share value, indicating a positive outlook for stakeholders.

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 Ltd. operates in the pet services industry, providing a platform for pet owners to connect with pet sitters and other related services. The company focuses on enhancing the pet care experience for its users, positioning itself as a key player in the pet services market.

Average Trading Volume: 1,923,368

Technical Sentiment Signal: Buy

Find detailed analytics on MPA stock on TipRanks’ Stock Analysis page.

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