SelfWealth Ltd. (AU:SWF) has released an update.
SelfWealth Ltd has received two acquisition proposals, one from AxiCorp Financial Services offering $0.23 per share and another from Bell Financial Group offering $0.22 per share, both aiming to acquire 100% of SelfWealth shares through a scheme of arrangement. Axi, a global online brokerage firm, is ready to proceed swiftly with negotiations without requiring due diligence. Shareholders are advised that there is no certainty either proposal will lead to a binding agreement.
For further insights into AU:SWF stock, check out TipRanks’ Stock Analysis page.
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