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Envirosuite Agrees to $132M Acquisition by Ideagen at 109% Premium
10:16am on Monday 12th of May, 2025 AEST
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Envirosuite Agrees to $132M Acquisition by Ideagen at 109% Premium
10:16am on Monday 12th of May, 2025 AEST
Key Points
Scheme Implementation Deed signed with Ideagen for full acquisition
Cash consideration of A$0.09 per share, a 109.3% premium
Unanimous board recommendation subject to no Superior Proposal
Major shareholders Perennial Value Management and Hitachi Construction Machinery support the deal
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