SG Fleet (SGF AU): 8th April Scheme Vote
On the 25 November 2024, SG Fleet (SGF AU) (SGF), an Aussie provider of fleet leasing services, announced a A$3.50/share non-binding/indicative proposal from Sydney PE outfit Pacific Equity Partners (PEP).
On the 4th December, both parties entered into a SID on the same terms. SGF's largest shareholder, Super Group (SUPER SP) (53.58%), was supportive.
The Scheme Booklet is now out, with a Scheme Meeting on the 8th April. Expected implementation on the 30th April. The IE (Grant Thornton) says fair & reasonable.
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