Aussie/Kiwi M&A/Events

Aussie/Kiwi M&A/Events

SelfWealth (SWF AU): 22nd April Scheme Vote

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Quiddity Research
Mar 17, 2025
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  • On the 27th Feb 2025, online trading player SelfWealth Ltd (SWF AU entered into Scheme with Singaporean-based wealth manager Svava.

  • Svava tabled a A$0.28/share Offer, in cash, by way of a Scheme, trumping Bell Financial (BFG AU)'s A$0.25/share earlier bid. Svava also has a 18.83% stake.

  • The Scheme Booklet is now out, with a Scheme Meeting on the 22nd April. Expected implementation on the 7th May. The IE (Grant Thorton) says fair & reasonable.

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