Dropsuite Limited (ASX:DSE) Announces Federal Court Approval of Acquisition Scheme
Court Approval
Dropsuite Limited (ASX:DSE) announced that the Federal Court of Australia has approved the proposed scheme of arrangement for its acquisition by NinjaOne Australia Pty Ltd. The company will lodge the Court orders with ASIC today, making the scheme legally effective.
Scheme Details
Once effective, Dropsuite shareholders will receive $5.90 cash per share held on the record date. The consideration will be paid on 30 May 2025. Dropsuite will also request the suspension of its ASX share quotation from the close of trading on the effective date.
Shareholder Information
Shareholders can contact Dropsuite’s Information Line at 1300 816 156 within Australia or +61 2 8072 1416 outside Australia, Monday to Friday.
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.
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