K2fly Limited (AU:K2F) has released an update.
K2fly Limited, an Australian company with a global presence, is advancing towards the completion of its acquisition by Argyle Bidco Pty Ltd, controlled by Accel-KKR Capital Partners VII, LP, with a proposed buyout of $0.19 per share. A second court hearing is scheduled for 16 September 2024 to seek approval of the scheme of arrangement, a key step in finalizing the deal. Shareholders are directed to the detailed annexure for more information and are provided with a shareholder information line for any inquiries.
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