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Keybridge Capital Limited ( (AU:KBC) ) has provided an announcement.
Yowie Group Limited, a company listed on the ASX, has announced its intention to make an off-market takeover bid for all the issued fully paid ordinary shares in Keybridge Capital Limited. The offer is structured as an all-scrip bid, with Yowie offering one of its shares for each Keybridge share. This proposed acquisition is subject to several conditions, including minimum acceptance of 50.1% of Keybridge shares, Yowie shareholder approval, and regulatory exemptions. The move could significantly impact Yowie’s market position by expanding its portfolio, while Keybridge shareholders are presented with a potential opportunity to exchange their shares.
More about Keybridge Capital Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$9.72M
For a thorough assessment of KBC stock, go to TipRanks’ Stock Analysis page.