Lynch Group Holdings (ASX:LGL) said the Federal Court of Australia made orders approving a scheme of arrangement for the proposed acquisition of the company by Darwin Aus Bidco, according to a Thursday Australian bourse filing.
It expects to lodge a copy of the court orders with the Australian Securities and Investments Commission on Friday, at which time the scheme will become effective.
Lynch will also request that the quotation of its shares on the ASX be suspended from the close of trading on Friday.