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London City Equities Ends Legal Battle, Excelsior Set for Liquidation by Mid-2026
9:43am on Tuesday 18th of November, 2025 AEDT
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Financial Services
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London City Equities Ends Legal Battle, Excelsior Set for Liquidation by Mid-2026
9:43am on Tuesday 18th of November, 2025 AEDT
Key Points
London City withdraws Federal Court action against Excelsior
Excelsior to undergo company-managed liquidation by 30 June 2026
Plan includes asset realisation, liability payments, and fully franked dividend
Excelsior to be delisted from the ASX following liquidation
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