Ideagen has completed its acquisition of Envirosuite through a scheme of arrangement, with shareholders receiving A$0.09 per share. Envirosuite shares will be officially delisted from the ASX on 21 August 2025.
Envirosuite Limited’s shares will be suspended from ASX trading following Federal Court approval of its acquisition by Ideagen EVS BidCo Pty Limited. This marks a pivotal step in the environmental software company’s transition under new ownership.
Envirosuite Limited’s acquisition by Ideagen Limited has received Federal Court approval, making the scheme legally effective and triggering imminent suspension of Envirosuite shares on the ASX.
The Federal Court of Australia has approved Ideagen’s acquisition of Envirosuite via a scheme of arrangement, setting the stage for a $0.09 per share cash payout to shareholders.
Envirosuite shareholders have decisively approved the proposed acquisition by Ideagen EVS BidCo Pty Limited, moving the deal closer to completion pending final court approval.