SelfWealth Ltd (ASX:SWF) Announces Update on Acquisition Proposals
Competing Acquisition Proposals
SelfWealth Ltd (ASX:SWF) has received acquisition proposals from Bell Financial Group (ASX:BFG) offering $0.25 cash per share or a share consideration alternative, and Svava Pte Ltd offering $0.28 cash per share. Both are via scheme of arrangement.
Scheme Meeting Details
A scheme meeting is scheduled for 28 March 2025 to vote on Bell’s proposal. The Scheme Booklet, including the Independent Expert’s report, will be distributed to shareholders electronically or by post. Shareholders as of 26 March 2025 can vote by proxy or attend in person.
Motley Fool contributor Kiarra Jackson 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.