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Johns Lyng Group’s Shares Suspended Amid Acquisition

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Johns Lyng Group’s Shares Suspended Amid Acquisition

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Johns Lyng Group Ltd ( (AU:JLG) ) has shared an announcement.

Johns Lyng Group Limited, a company listed on the ASX, has announced the suspension of its securities from quotation following a scheme of arrangement. This arrangement involves Sherwood BidCo Pty Ltd, an entity managed by Pacific Equity Partners, acquiring all issued shares of Johns Lyng Group, as approved by the Supreme Court of New South Wales.

The most recent analyst rating on (AU:JLG) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Johns Lyng Group Ltd stock, see the AU:JLG Stock Forecast page.

More about Johns Lyng Group Ltd

Average Trading Volume: 2,080,938

Technical Sentiment Signal: Hold

Current Market Cap: A$1.14B

Learn more about JLG stock on TipRanks’ Stock Analysis page.

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