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SG Fleet Group Ltd. ( (AU:SGF) ) has provided an announcement.
The Supreme Court of New South Wales has approved a scheme of arrangement for SG Fleet Group Limited, allowing Westmann Bidco Pty Limited, controlled by Pacific Equity Partners, to acquire all SG Fleet shares. This legal approval marks a significant transition for SG Fleet, as it will lead to the suspension of its shares from trading on the ASX, with the scheme becoming effective on April 16, 2025, and full implementation expected by April 30, 2025.
More about SG Fleet Group Ltd.
SG Fleet Group Limited operates in the fleet management and leasing industry, providing vehicle leasing, fleet management, and salary packaging services. The company primarily focuses on offering comprehensive solutions for corporate and government clients in Australia and internationally.
YTD Price Performance: 2.05%
Average Trading Volume: 403,713
Technical Sentiment Signal: Sell
Current Market Cap: A$1.19B
See more data about SGF stock on TipRanks’ Stock Analysis page.