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Suzerain Investments Launches Takeover Bid for Entertainment Rewards Ltd

Story Highlights
  • Suzerain Investments proposes to acquire all shares of Entertainment Rewards Ltd.
  • The offer is $0.022 per share, pending no superior proposals and expert fairness confirmation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Suzerain Investments Launches Takeover Bid for Entertainment Rewards Ltd

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An announcement from IncentiaPay Ltd. ( (AU:EAT) ) is now available.

Suzerain Investments Holdings Limited has announced an off-market takeover bid for all the shares of Entertainment Rewards Ltd that it does not already own. The offer is priced at $0.022 per share and is subject to the absence of a superior proposal and an independent expert’s conclusion that the bid is fair and reasonable. This move could significantly impact Entertainment Rewards Ltd’s market positioning and shareholder value.

More about IncentiaPay Ltd.

Average Trading Volume: 6,439,890

Technical Sentiment Signal: Hold

Current Market Cap: A$25.63M

For a thorough assessment of EAT stock, go to TipRanks’ Stock Analysis page.

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