Supreme Court of NSW Approves Scheme of Arrangement for Infomedia.
Infomedia Ltd (ASX: IFM) has secured approval from the Supreme Court of New South Wales for its scheme of arrangement, paving the way for McQueen BidCo Pty Ltd, linked to TPG Capital (Singapore), to acquire all issued shares in the company. Infomedia will lodge the court orders with ASIC on 21 November 2025, making the scheme legally effective, and will request suspension of its shares from ASX trading at the close of the same day.
Following effectiveness, shareholders will receive a fully franked special dividend of 2.9 cents per share on 28 November 2025, with a record date of 25 November 2025. This dividend will reduce the scheme consideration from AU$1.70 to AU$1.671 per share. Infomedia has also released an indicative timetable for the remaining milestones, noting that any changes will be updated on the ASX.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au
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Supreme Court of NSW Approves Scheme of Arrangement for Infomedia.
Infomedia Ltd (ASX: IFM) has secured approval from the Supreme Court of New South Wales for its scheme of arrangement, paving the way for McQueen BidCo Pty Ltd, linked to TPG Capital (Singapore), to acquire all issued shares in the company. Infomedia will lodge the court orders with ASIC on 21 November 2025, making the scheme legally effective, and will request suspension of its shares from ASX trading at the close of the same day.
Following effectiveness, shareholders will receive a fully franked special dividend of 2.9 cents per share on 28 November 2025, with a record date of 25 November 2025. This dividend will reduce the scheme consideration from AU$1.70 to AU$1.671 per share. Infomedia has also released an indicative timetable for the remaining milestones, noting that any changes will be updated on the ASX.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au