IGO Limited (ASX: IGO) provided an update on Western Areas (ASX: WSA) Scheme of Arrangement. Following the approvals by WSA’s shareholders and the Supreme Court of Western Australia and subsequent lodgement with ASIC, the Scheme of Arrangement pursuant to which IGO will acquire 100% of the share capital of Western Areas Limited is now legally effective.
Currently, IGO is working with WSA on the important process of integrating the two businesses.
At AEST 11:53, IGO shares are trading at AU$11.980, up 1.353% from the previous close.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
