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Xref Limited to be Acquired by SEEK International Investments

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Xref Ltd ( (AU:XF1) ) has provided an announcement.

Xref Limited announced a proposed acquisition by SEEK International Investments Pty Ltd, a subsidiary of SEEK Limited, through a scheme of arrangement offering cash consideration for each Xref share. This acquisition, which will be voted on at a hybrid Scheme Meeting, could significantly impact Xref’s operations and market positioning by aligning with SEEK’s larger organizational structure.

More about Xref Ltd

Xref Limited is a technology company based in Sydney, Australia, specializing in providing automated reference checking services. The company primarily serves businesses looking to streamline their hiring processes through technology solutions.

YTD Price Performance: -6.82%

Average Trading Volume: 998,357

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$39.36M

See more insights into XF1 stock on TipRanks’ Stock Analysis page.

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