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Yowie Group Launches Takeover Bid for Keybridge Capital

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Yowie Group Launches Takeover Bid for Keybridge Capital

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An update from Yowie Group ( (AU:YOW) ) is now available.

Yowie Group Ltd has announced an off-market scrip takeover bid to acquire all fully paid ordinary shares in Keybridge Capital Limited, offering one Yowie share for each Keybridge share. This strategic move, recommended by independent directors, aims to strengthen Yowie’s market position and expand its shareholder base, with the offer period commencing upon dispatch of the Bidder’s Statement.

More about Yowie Group

Yowie Group Ltd is a global brand licensing and chocolate manufacturing business focused on creating consumer products that promote environmental education through its Yowie characters. The company leverages its intellectual property to produce and distribute Yowie chocolate confectionery and develop a digital platform and licensed consumer products, with a vision to expand its presence in North America, ANZ, and internationally.

YTD Price Performance: -44.00%

Technical Sentiment Signal: Sell

Current Market Cap: A$3.21M

For detailed information about YOW stock, go to TipRanks’ Stock Analysis page.

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