Federal Court to Hear PSC Insurance Group Application for Scheme Acquisition Approval

MT Newswires Live

2024/09/23

Australia's Federal Court will hear an application by PSC Insurance Group (ASX:PSI) to approve a scheme of arrangement acquisition by Rosedale Bidco, a member of The Ardonagh Group, on Oct. 1, according to a Monday filing to the Australian bourse.

The court hearing is hinged upon the approval of PSC shareholders for the scheme on Sept. 26, the filing added.

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