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Embark Secures 39.5% Stake in Mayfield as Takeover Bid Closes
8:38am on Monday 9th of March, 2026 AEDT
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Embark Secures 39.5% Stake in Mayfield as Takeover Bid Closes
8:38am on Monday 9th of March, 2026 AEDT
Key Points
Embark acquires 39.49% voting power in Mayfield Childcare
98% of acceptances opted for cash, 2% for scrip
Share issuance scheduled for 11 March, cash payments on 12 March
Potential for further acquisition and strategic control
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EMBARK EARLY EDUCATION (ASX:EVO)
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