The SelfWealth (ASX:SWF) board recommended that shareholders vote in favor of the Bell Financial Group's (ASX:BFG) offer to acquire 100% of the company's shares in the absence of a superior proposal and taking into account an independent expert's evaluation, according to a Wednesday filing with the Australian bourse.
Bell Financial is acquiring the company's shares for AU$0.25 apiece, with a share consideration alternative at shareholders' election, through a scheme of arrangement, the filing said.
Shareholders will vote on the offer at a scheme of arrangement meeting, set to occur by March 2025, according to the filing.
The trading platform's shares fell nearly 4% in afternoon trade Wednesday.
Price (AUD): $0.25, Change: $-0.01, Percent Change: -3.85%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。