Aussie/Kiwi M&A/Events

Aussie/Kiwi M&A/Events

Volpara Health (VHT AU): 12th April Shareholder Vote

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Quiddity Research
Mar 13, 2024
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  • On the 14 December, Volpara Health (VHT AU), which makes software enabling the early detection of breast cancer, announced an Offer by way of a Scheme with Lunit (328130 KS)

  • NZ's OIO approval was satisfied on the 31 January. The Scheme Booklet is now out, with a Scheme Meeting to be held on the 12th April.

  • Lunit is offering Volpara shareholders A$1.15/share, in cash, a 47.4% premium to last close. Cornerstone investors with 25.92% of shares out are supportive. The IE says terms are fair.

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