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SG Fleet Group Ltd. ( (AU:SGF) ) just unveiled an update.
SG Fleet Group Ltd has registered its Scheme Booklet with the Australian Securities and Investments Commission, outlining a proposed acquisition by Westmann Bidco Pty Limited through a scheme of arrangement. According to the Independent Expert’s Report included in the booklet, the acquisition is deemed fair and reasonable, with a cash consideration of $3.50 per share falling within the assessed valuation range. The SG Fleet Board unanimously recommends shareholders vote in favor of the scheme at the upcoming virtual meetings scheduled for April 2025.
More about SG Fleet Group Ltd.
SG Fleet Group Ltd is a company within the fleet management industry, providing services related to vehicle leasing, fleet management, and salary packaging solutions. The company primarily focuses on offering comprehensive vehicle management services to a diverse range of clients.
YTD Price Performance: 1.17%
Average Trading Volume: 1,198,190
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.18B
For detailed information about SGF stock, go to TipRanks’ Stock Analysis page.
