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Can Yowie’s Scrip Bid Rescue Troubled Keybridge Capital?
3:41pm on Friday 13th of June, 2025 AEST
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Consumer Goods
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Can Yowie’s Scrip Bid Rescue Troubled Keybridge Capital?
3:41pm on Friday 13th of June, 2025 AEST
Key Points
Off-market scrip takeover bid at 1 – 1 share exchange
Keybridge in administration with significant debt to Yowie
Bid conditional on 35% minimum acceptance and Keybridge losing control of Yowie
Yowie aims to resolve Keybridge debt and stabilize both companies
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