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Mad Paws Holdings Ltd. ( (AU:MPA) ) has provided an update.
Mad Paws Holdings Ltd. has announced a proposed scheme of arrangement for Rover Group, Inc. to acquire 100% of its shares, contingent upon shareholder approval and court sanction. The Supreme Court of New South Wales has ordered a meeting for shareholders to vote on the scheme, with a subsequent court hearing scheduled for final approval. This acquisition could significantly impact Mad Paws’ operations and market positioning, potentially enhancing its service offerings and market reach.
The most recent analyst rating on (AU:MPA) stock is a Buy with a A$0.13 price target. To see the full list of analyst forecasts on Mad Paws Holdings Ltd. stock, see the AU:MPA Stock Forecast page.
More about Mad Paws Holdings Ltd.
Mad Paws Holdings Ltd. operates Australia’s leading online pet ecosystem, connecting pet owners with a range of high-quality services. The company supports over 300,000 active pet owners and has facilitated over 400,000 transactions annually, driven by the growing pet ownership and spending in the $30 billion Australian pet market. Mad Paws offers a marketplace for pet sitting, walking, daycare, and grooming services, with 70,000 registered pet carers across Australia.
Average Trading Volume: 1,140,050
Technical Sentiment Signal: Buy
For an in-depth examination of MPA stock, go to TipRanks’ Overview page.