.
IOOF Holdings Limited (ASX:IFL) has entered into a scheme of arrangement with DKN Financial Group to acquire all outstanding shares for 80 cents a share.
Shareholders in DKN are also expected to receive a 2.5 per cent dividend per share with the second-half results.
IOOF said the transaction would represent a total consideration of $94.1 million and a total equity value of $115.4m for DKN.
For the second half of last year, IOOF Holdings reported a profit of $46.9 million.
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Last
$3.52 |
Change
-0.050(1.40%) |
Mkt cap ! $2.360B | |||
| Open | High | Low | Value | Volume |
| $3.56 | $3.57 | $3.49 | $5.287M | 1.500M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9329 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 5000 | 1 |
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| Last trade - 16.20pm 26/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |