Midway Ltd (AU:MWY) has released an update.
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Midway Limited has announced that the Australian Securities and Investments Commission has registered its scheme booklet for the proposed acquisition by RCM BidCo Pty Ltd. This acquisition, structured as a scheme of arrangement, marks a significant step for Midway, a major player in Australia’s woodfibre processing and exporting industry. Investors and stakeholders in the financial market will be closely watching the developments of this strategic move.
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