TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Saunders International Limited ( (AU:SND) ) has shared an announcement.
Saunders International Limited has announced significant progress in its acquisition of Aqua Metro Pty Ltd, targeting completion by early October 2025. The acquisition, valued at up to $30 million, involves an initial payment and a potential earn-out based on Aqua Metro’s performance. Shareholder approval will be sought at the upcoming AGM to issue shares beyond Saunders’ current placement capacity. A waiver from ASX allows Saunders to issue earn-out shares after the AGM, depending on performance criteria met by June 2026, ensuring flexibility in the acquisition process.
The most recent analyst rating on (AU:SND) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Saunders International Limited stock, see the AU:SND Stock Forecast page.
More about Saunders International Limited
Saunders International Limited operates in the engineering and construction industry, providing infrastructure solutions with a focus on industrial and commercial sectors. The company is known for its expertise in delivering complex projects and services across various markets.
Average Trading Volume: 43,516
Technical Sentiment Signal: Sell
Current Market Cap: A$95.53M
Find detailed analytics on SND stock on TipRanks’ Stock Analysis page.