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Mayfield Childcare Ends Divestment Plans with Steps Learning

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Mayfield Childcare Ends Divestment Plans with Steps Learning

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The latest update is out from Mayfield Childcare Ltd. ( (AU:MFD) ).

Mayfield Childcare Limited announced the termination of its Incubator Agreement with Steps Learning Pty Ltd and the cessation of negotiations regarding the proposed divestment of 10 childcare centers. The company decided that the divestment was not the most value-accretive path and remains committed to maximizing shareholder value while focusing on community-centered, evidence-based childcare services.

The most recent analyst rating on (AU:MFD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Mayfield Childcare Ltd. stock, see the AU:MFD Stock Forecast page.

More about Mayfield Childcare Ltd.

Mayfield Childcare Limited owns and operates 45 childcare centers with over 4,000 registered childcare places across Victoria, Queensland, and South Australia. The company focuses on delivering exceptional, high-quality services to families by continuously improving its centers and surpassing National Quality Standards, aiming to positively impact the lives of the families they serve.

Average Trading Volume: 30,461

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$25.64M

See more data about MFD stock on TipRanks’ Stock Analysis page.

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