Elph Investments’ Takeover Bid for Engenco Now Unconditional
Elph Investments Pty Ltd's off-market takeover bid for Engenco Limited is now unconditional, with all defeating conditions removed. The offer aims to acquire all ordinary shares of Engenco and is set to close on June 27, 2025, unless extended or withdrawn. Elph Investments currently holds 91.74% voting power in Engenco, which has a market cap of A$96.38M.
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Engenco Limited ( (AU:EGN) ) has provided an announcement.
Elph Investments Pty Ltd has announced that its off-market takeover bid for Engenco Limited is now unconditional, as all defeating conditions have been removed. The offer, which aims to acquire all ordinary shares of Engenco, is set to close on June 27, 2025, unless extended or withdrawn, with Elph Investments currently holding a 91.74% voting power in Engenco.
More about Engenco Limited
Average Trading Volume: 36,512
Technical Sentiment Signal: Hold
Current Market Cap: A$96.38M
For a thorough assessment of EGN stock, go to TipRanks’ Stock Analysis page.
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