May 27 (Reuters) - Infomedia Ltd (IFM) :
- RECEIVED FURTHER CONDITIONAL NON-BINDING INDICATIVE PROPOSAL FROM BATTERY VENTURES FOR A PRICE OF A$1.75 PER INFOMEDIA SHARE
- PROPOSAL FOR A PRICE OF A$1.75 PER INFOMEDIA SHARE PAYABLE IN CASH
- INFOMEDIA SHAREHOLDERS DO NOT NEED TO TAKE ANY ACTION IN RESPONSE TO INDICATIVE PROPOSAL
- WILL CONSIDER PROPOSAL IN CONTEXT OF ITS ONGOING PRELIM DISCUSSIONS WITH OTHER INTERESTED PARTIES
- BATTERY VENTURES HAS INDICATED THAT PROPOSAL IS NOT SUBJECT TO ANY FINANCING CONTINGENCIES
- BATTERY VENTURES INDICATED INTENTION TO FINANCE TRANSACTION FROM COMMITTED CAPITAL WITHIN ITS EXISTING INVESTMENT FUNDS
- INTENDS TO OFFER BATTERY VENTURES ACCESS TO SAME LIMITED HISTORICAL INFORMATION THAT HAS BEEN PROVIDED TO PARTIES
News: IFM Infomedia Got Further Conditional Non-Binding Indicative Proposal From Battery Ventures
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Last
$1.68 |
Change
-0.005(0.30%) |
Mkt cap ! $635.7M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.69 | $1.68 | $1.043M | 621.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 26733 | 3 |
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| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| IFM (ASX) Chart |