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SEEK’s $Xref Acquisition Stalls as Shareholders Reject Scheme

5:42pm on Sunday 1st of June, 2025 AEST Financial Services
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SEEK’s $Xref Acquisition Stalls as Shareholders Reject Scheme

5:42pm on Sunday 1st of June, 2025 AEST
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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