Aussie/Kiwi M&A/Events

Aussie/Kiwi M&A/Events

Ansarada (AND AU)'s Scheme Is Back On Track

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Quiddity Research
Jul 29, 2024
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  • Datasite's A$2.50/share, in cash, lifetime-high Offer for virtual room provider Ansarada Group Ltd (AND AU), announced on the 13th Feb, appeared a total slam dunk.

  • And for the most part it was, with the Explanatory Doc lodged on the 12th April, and Scheme Meeting initially scheduled for the 14th June. Then the ACCC waded in.

  • The ACCC has now signed off. FIRB will follow shortly. The revised Scheme Meeting will be held on the 19 August, with expected implementation on the 6 September.

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