Capitol Health Limited (ASX: CAJ) Merger Update
Merger Progress
Capitol Health Limited (ASX: CAJ) has provided an update regarding its proposed merger with Integral Diagnostics Limited (ASX: IDX) through a scheme of arrangement. The merger is contingent on several conditions, including receiving informal merger clearance from the ACCC.
Divestment Considerations
Integral Diagnostics has engaged with the ACCC concerning a potential divestment of Capitol’s Melton clinic in Victoria. It is important to note that any agreement made regarding the divestment will not impact the merger ratio of 0.12849 New IDX Shares for each Capitol Share held at the Scheme Record Date.
Further Information
For additional details, shareholders are directed to consult the Scheme Booklet or contact Capitol’s Scheme Information Line for assistance regarding their shareholding.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Integral Diagnostics. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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