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
$31.79 |
Change
-0.100(0.31%) |
Mkt cap ! $7.794B | |||
| Open | High | Low | Value | Volume |
| $31.62 | $31.79 | $31.30 | $14.40M | 455.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 215 | $31.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.86 | 695 | 2 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| NWL (ASX) Chart |