middle.news
Clean Seas Shareholders Face $0.14 Cash or Risky Yumbah Scrip in $29m Takeover
2:39am on Monday 2nd of June, 2025 AEST
•
Aquaculture
Read Story
Clean Seas Shareholders Face $0.14 Cash or Risky Yumbah Scrip in $29m Takeover
2:39am on Monday 2nd of June, 2025 AEST
Key Points
Yumbah to acquire 100% of Clean Seas via scheme of arrangement
Default cash consideration of $0.14 per share, a 52% premium to recent prices
Optional unlisted scrip alternative for eligible shareholders
Independent Board Committee unanimously recommends voting in favour
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Clean Seas (ASX:CSS)
OPEN ARTICLE