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Why Mayfield’s Board Urges Shareholders to Reject Embark’s Takeover Bid
8:04pm on Tuesday 20th of January, 2026 AEDT
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Why Mayfield’s Board Urges Shareholders to Reject Embark’s Takeover Bid
8:04pm on Tuesday 20th of January, 2026 AEDT
Key Points
Mayfield Board unanimously recommends rejecting Embark’s takeover offer
Offer undervalues Mayfield despite improving operational and financial performance
Embark’s funding strategy and integration plans raise significant uncertainties
Major Mayfield shareholders oppose the offer, holding 21.94% combined
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Mayfield Childcare (ASX:MFD)
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