Vote on Count acquisition of Diverger scheduled
Count Limited’s acquisition of Diverger is scheduled to complete early in the new year with Diverger shareholders scheduled vote on the transaction on 23 January.
The two companies announced to the Australian Securities Exchange (ASX) that Federal Court had made orders to convene a meeting of Diverger shareholders to consider a vote on the scheme of arrangement.
Under the scheme, Diverger shareholders will receive a default implied consideration of $1.42 per Diverger share comprising 40 cents cash and 1.55 Count shares for each Diverger share.
The ASX announcement said that an explanatory booklet was expected to be sent to Diverger shareholders on or before Thursday, next week.
All in the name of access to advice.... But in fully qualified adviser land... oh no, you cannot have that....…
How is HESTA paying for the adjustments? Who pays for the market moves? All members? This is not communicated in…
The whole concept of another class of financial advisers who don't need to meet the same red-tape requirements, or education…
Yeah, typical - one set of rules for Advisers and non Industry Super and a completely different set of rules…
No doubt that I'll be going into the Xmas break wondering why in the hell I bothered doing a masters…