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Mad Paws Holdings Ltd. ( (AU:MPA) ) just unveiled an announcement.
Mad Paws Holdings Ltd. has announced that its Scheme Booklet has been registered with the Australian Securities and Investments Commission, detailing the proposed acquisition by Rover Group, Inc. The independent expert’s report deems the scheme fair and reasonable, recommending shareholders vote in favor, barring a superior proposal. The Mad Paws Board supports the scheme, holding 6.68% of shares and urging shareholders to consider the booklet before voting.
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 operates Australia’s leading online pet ecosystem, connecting pet owners with a range of high-quality services. The platform supports over 300,000 active pet owners and has facilitated over 400,000 transactions annually, driven by the growth in pet ownership and increased spending in the $30 billion Australian pet market. Mad Paws offers services such as pet sitting, walking, daycare, and grooming through a network of 70,000 registered pet carers across Australia.
Average Trading Volume: 1,923,368
Technical Sentiment Signal: Buy
For an in-depth examination of MPA stock, go to TipRanks’ Overview page.