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Embark Raises Stake in Mayfield to 48.58% After Takeover Close

9:02pm on Tuesday 10th of March, 2026 AEDT Childcare Services
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Embark Raises Stake in Mayfield to 48.58% After Takeover Close

9:02pm on Tuesday 10th of March, 2026 AEDT
Key Points
  • Embark’s takeover offer for Mayfield closed on 5 March 2026
  • Initial shareholding reported at 39.49%, later corrected to 48.58%
  • Registry reconciliation error led to understated acceptance figures
  • Embark aims to surpass 50% shareholding for full control
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