SelfWealth Agrees to Bell Financial’s $58M Acquisition
SelfWealth Ltd. (AU:SWF) has released an update.
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SelfWealth Ltd has agreed to a revised acquisition proposal from Bell Financial Group, valuing the company at $58 million, a significant 108% premium over its last closing share price. The deal allows SelfWealth shareholders to receive $0.25 cash per share or opt for Bell shares, subject to certain conditions. The SelfWealth Board unanimously recommends the proposal, expecting shareholder approval by March 2025.
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