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SEEK’s $Xref Acquisition Stalls as Shareholders Reject Scheme
8:34am on Tuesday 4th of February, 2025 AEDT
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Financial Services
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SEEK’s $Xref Acquisition Stalls as Shareholders Reject Scheme
8:34am on Tuesday 4th of February, 2025 AEDT
Key Points
Xref shareholders approve scheme with 67.6%, below 75% threshold
Xref Board and Independent Expert unanimously recommended the deal
Scheme Implementation Deed terminated by mutual agreement
SEEK to explore alternative growth opportunities post-failure
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