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Eumundi Group Acquisition Scheme Approved, Shares Suspended on ASX

5:32pm on Sunday 1st of June, 2025 AEST Hospitality
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Eumundi Group Acquisition Scheme Approved, Shares Suspended on ASX

5:32pm on Sunday 1st of June, 2025 AEST
Key Points
  • Federal Court approves Eumundi Group scheme of arrangement
  • SEQ Hospitality Group to acquire 100% of Eumundi shares
  • Cash consideration of $1.62 per share to be paid on February 14, 2025
  • Eumundi shares suspended from ASX trading as of February 5, 2025
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