SG Fleet Group Ltd. ( (AU:SGF) ) has issued an update.
SG Fleet Group Limited has announced that it has secured all necessary consents and approvals from counterparties for the proposed acquisition by Westmann Bidco Pty Limited, a move managed by Pacific Equity Partners. This development satisfies a key condition for the scheme of arrangement, pending shareholder and court approvals. The SG Fleet Board has unanimously recommended shareholders vote in favor of the scheme, highlighting its alignment with shareholder interests.
More about SG Fleet Group Ltd.
SG Fleet Group Limited operates in the fleet management and leasing industry, providing vehicle leasing and management services. The company focuses on offering innovative fleet solutions to a diverse range of clients, enhancing operational efficiency and cost-effectiveness.
YTD Price Performance: 1.47%
Average Trading Volume: 395,250
Technical Sentiment Signal: Sell
Current Market Cap: A$1.18B
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