Johns Lyng Group Acquisition by Sherwood BidCo Approved by Supreme Court

MT Newswires Live

2025/10/13

Johns Lyng Group (ASX:JLG) has received approval from the Supreme Court of New South Wales for a scheme of arrangement under which Sherwood BidCo, backed by Pacific Equity Partners, will acquire 100% of its shares, according to a Monday filing with the Australian bourse.

The court's orders are expected to be submitted to the Australian Securities and Investments Commission on Oct. 14, making the scheme legally effective, after which the company shares will be suspended from trading on the Australian Securities Exchange at the close of the said day, the filing added.

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