Midway Ltd (AU:MWY) has released an update.
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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