Embark Early Education Closes Off-Market Takeover Bid for Mayfield Childcare; Embark Shares Reach Five-Year Low

MT Newswires Live

03/09

Embark Early Education (ASX:EVO) said its off-market takeover bid for the ordinary shares of Mayfield Childcare (ASX:MFD) closed on March 5, according to a Monday Australian bourse filing.

Embark received acceptances under the bid, which will bring its shareholding in Mayfield to 29.8 million shares, equivalent to a total voting power to 39.49%.

Embark plans to issue the shares for the scrip consideration under the bid on Wednesday and it will dispatch cheques for the cash consideration on Thursday.

Embark's shares fell 5% in recent trading on Monday, reaching a five-year low. Mayfield's shares rose past 2%.

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Mayfield's shares rose past 2%.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7132","symbol_name":"教育服務","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2618162186","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618162186","pubTimestamp":1773027326,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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