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Suzerain Initiates Compulsory Acquisition of Entertainment Rewards Shares

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Suzerain Initiates Compulsory Acquisition of Entertainment Rewards Shares

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IncentiaPay Ltd. ( (AU:EAT) ) just unveiled an update.

Suzerain Investment Holdings Ltd has initiated a compulsory acquisition process for all fully paid ordinary shares of Entertainment Rewards Limited, which it does not already own. This move follows an off-market takeover bid and is part of Suzerain’s strategy to consolidate its holdings in Entertainment Rewards Limited, potentially impacting the company’s market position and shareholder structure.

The most recent analyst rating on (AU:EAT) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on IncentiaPay Ltd. stock, see the AU:EAT Stock Forecast page.

More about IncentiaPay Ltd.

Average Trading Volume: 2,096,468

Technical Sentiment Signal: Buy

Current Market Cap: A$28.79M

For an in-depth examination of EAT stock, go to TipRanks’ Overview page.

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