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Ideagen revises Envirosuite takeover offer lower
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Ideagen revises Envirosuite takeover offer lower
Envirosuite Limited (ASX: EVS) has received a revised takeover proposal from Ideagen Limited to acquire 100% of its shares via a scheme of arrangement. The revised offer price is A$0.09 per share in cash, a decrease from the initial A$0.10 per share proposed on February 25, 2025. Despite the reduction, the revised proposal represents a premium of 100% to Envirosuite’s closing price of A$0.045 on February 21, 2025, and a 96% premium to the one-mo…
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