Nov 2 (Reuters) - Netwealth Group Ltd (NWL) :
- SUBMITTED NON-BINDING PROPOSAL TO MERGE WITH PRAEMIUM
- PROPOSED TRANSACTION EQUITY VALUE A$785 MILLION
- DEAL FOR CASH CONSIDERATION IN EXCESS OF AN ATTRIBUTED VALUATION OF A$50 MILLION LESS TAX AND TRANSACTION COSTS
- UNDER TERMS OF PROPOSED TRANSACTION, PRAEMIUM SHAREHOLDERS TO RECEIVE 1 NWL SHARE FOR EVERY 11.96 PRAEMIUM SHARES PLUS CASH
- BASED ON CO'S OCT 27 CLOSE, BASE CONSIDERATION IMPLIED A VALUE OF A$1.5PER SHARE OF PRAEMIUM
- PRAEMIUM SHAREHOLDERS TO RETAIN MEANINGFUL EQUITY POSITION IN COMBINED GROUP
News: NWL Netwealth Submits Non-Binding Proposal To Merge With Praemium
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Last
$31.52 |
Change
-0.275(0.87%) |
Mkt cap ! $7.764B | |||
| Open | High | Low | Value | Volume |
| $31.68 | $32.35 | $31.48 | $6.313M | 198.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 269 | $31.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.52 | 36 | 4 |
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| Last trade - 13.22pm 12/09/2025 (20 minute delay) ? |
| NWL (ASX) Chart |