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Yowie Group Seeks to Secure Takeover Bid Amid Board Composition Dispute

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Yowie Group Seeks to Secure Takeover Bid Amid Board Composition Dispute

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

Yowie Group Ltd has announced an off-market takeover bid for all ordinary shares of Keybridge Capital Limited, offering one Yowie share for each Keybridge share. The offer includes conditions that prevent changes to Yowie’s board composition, which Keybridge has challenged by planning a meeting to replace Yowie’s board. Yowie argues that Keybridge’s actions could frustrate the offer, impacting Keybridge shareholders negatively. Yowie seeks legal restraint on Keybridge’s actions until a final decision is made.

More about Yowie Group

YTD Price Performance: -44.00%

Average Trading Volume: 3,961

Technical Sentiment Signal: Sell

Current Market Cap: A$3.21M

See more data about YOW stock on TipRanks’ Stock Analysis page.

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