The Board of Directors of Veda Group Limited (Veda or the Company) is pleased to announce that it has received a revised proposal from Equifax Inc. (Equifax) to acquire all of the shares of Veda at a price of $2.825 cash per share, by way of a scheme of arrangement (the Revised Proposal). The Board has agreed to allow Equifax to conduct due diligence during an exclusivity period and to unanimously recommend the Revised Proposal assuming it proceeds to a binding offer (Binding Offer).
Well done to holders who hung in there. Only wish I could have!
VED Price at posting:
$2.65 Sentiment: None Disclosure: Not Held