Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Yowie Group ( (AU:YOW) ) just unveiled an announcement.
Yowie Group Limited has decided not to proceed with its planned off-market takeover bid for all ordinary shares in Keybridge Capital Limited. The decision follows an extraordinary general meeting where a condition related to the Yowie Board composition was triggered, leading the company to conclude that continuing with the bid would be futile due to a breached condition. This decision reflects Yowie’s strategic reassessment of its interests and priorities.
More about Yowie Group
Yowie Group Ltd is a global brand licensing and chocolate manufacturing business that focuses on creating consumer products aimed at promoting environmental education and engagement through the adventures of six Yowie characters. The company leverages its intellectual property to manufacture and distribute Yowie chocolate confectionery and develop a digital platform and licensed consumer products. Yowie aims to expand its product distribution in North America, ANZ, and internationally.
YTD Price Performance: -44.00%
Technical Sentiment Signal: Sell
Current Market Cap: A$3.21M
See more insights into YOW stock on TipRanks’ Stock Analysis page.