Decmil Group Limited (AU:DCG) has released an update.
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Decmil Group Limited has announced the overwhelming approval by its shareholders for the proposed acquisition by Macmahon Holdings Limited, with over 98% of votes in favor of both the Ordinary and RCPS Schemes. While shareholder consent has been secured, the deal’s completion hinges on further conditions including Supreme Court approval and the Independent Expert’s endorsement. If all conditions are met, the acquisition is anticipated to finalize on August 15, 2024.
For further insights into AU:DCG stock, check out TipRanks’ Stock Analysis page.