Latest Scheme Of Arrangement News

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The Federal Court of Australia has approved the scheme of arrangement for NinjaOne’s acquisition of Dropsuite, setting the stage for a $5.90 per share cash payout to shareholders and imminent suspension of trading on the ASX.
Sophie Babbage
Sophie Babbage
14 May 2025
Ramelius Resources has obtained regulatory relief from ASIC, extending the deadline to make its takeover offer for Spartan Resources by an additional 31 days, a move that could influence the pace and outcome of the acquisition.
Maxwell Dee
Maxwell Dee
13 May 2025
Clean Seas Seafood Limited has entered a binding scheme of arrangement with Yumbah Aquaculture, offering shareholders a 52% premium cash exit or a speculative scrip alternative. The Independent Board Committee recommends approval, with a shareholder meeting set for June 23.
Victor Sage
Victor Sage
13 May 2025
Ainsworth Game Technology's Independent Board Committee reaffirms its recommendation for shareholders to support the proposed Scheme, responding to recent media commentary from a major shareholder.
Victor Sage
Victor Sage
12 May 2025
PointsBet Holdings has signaled openness to a new acquisition offer from Betr Entertainment, proposing mutual due diligence to explore potential synergies and share value. The board remains committed to the existing MIXI scheme unless a superior proposal emerges.
Victor Sage
Victor Sage
12 May 2025
Envirosuite Limited has entered a binding Scheme Implementation Deed with UK-based Ideagen Limited, agreeing to a full acquisition at a significant premium. The transaction values Envirosuite at approximately A$132.2 million and awaits shareholder and regulatory approvals.
Sophie Babbage
Sophie Babbage
12 May 2025
PointsBet Holdings signals a possible shift in its acquisition path, considering Betr Entertainment's offer as potentially superior to the existing MIXI scheme. The company initiates mutual due diligence focusing on synergies and scrip valuation.
Victor Sage
Victor Sage
12 May 2025
Dropsuite Limited shareholders have decisively backed the proposed acquisition by NinjaOne Australia, with 99.95% voting in favor. The deal now awaits final court approval before completion and shareholder payouts.
Sophie Babbage
Sophie Babbage
9 May 2025
AVJennings Limited has announced a proposed $0.655 per share acquisition scheme by PM Nominees C Pty Ltd, an investment vehicle of Proprium Capital Partners and AVID, offering shareholders a near 100% premium over recent trading prices. The scheme, supported unanimously by the board and an independent expert, awaits shareholder and court approval.
Eva Park
Eva Park
9 May 2025
Dropsuite Limited’s shareholders have overwhelmingly endorsed the proposed acquisition by NinjaOne Australia, voting in favour of the scheme at a hybrid meeting. The deal, valued at A$5.90 per share, now awaits final Federal Court approval.
Sophie Babbage
Sophie Babbage
9 May 2025
Donaco International Limited has postponed its Scheme of Arrangement timetable amid extended legal and valuation reviews, while revealing a new 10% VAT gaming tax liability in Cambodia effective from January 2025.
Victor Sage
Victor Sage
9 May 2025
PointsBet Holdings Limited has announced a scheme meeting for shareholders to vote on its proposed $1.06 per share acquisition by MIXI Australia, with an independent expert deeming the offer fair and reasonable amid a competing bid from betr Entertainment.
Victor Sage
Victor Sage
8 May 2025