Aussie/Kiwi M&A/Events

Aussie/Kiwi M&A/Events

QV Equities (QVE AU) Backs WAM Leaders' Cash/Scrip Offer

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Quiddity Research
Mar 13, 2024
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  • Back on the 31 Jan, WAM Leaders Ltd (WLE AU), said it intended to make an off-market Offer after QV Equities Ltd (QVE AU) rejected its all-scrip NBIO.

  • WAM and QVE have now entered into a Scheme. The current scrip terms are 0.7609 new WAM shares per QVE share; OR A$1.02/share cash. Terms will be adjusted ...

  • ... in accordance with the most recently released NTA/shares of WAM and QVE. QVE shareholders are also expected to receive the quarterly dividend of A$0.013/share.

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