Infomedia's Acquisition by TPG Completed

MT Newswires Live12-03 10:18

Infomedia (ASX:IFM) said the acquisition of all its shares via a scheme of arrangement by McQueen BidCo was implemented on Wednesday, according to a same-day Australian bourse filing.

McQueen BidCo is an entity owned by an investment holding entity in Singapore, managed or advised by TPG Capital (S) or its related entities.

Shareholders were sent an amount of AU$1.671 per Infomedia share in respect of each Infomedia share held on Monday. Trading in Infomedia Shares on the ASX was suspended at the close of trading on Nov. 21, and it plans to apply for its removal from the official list of the ASX with effect from the close of trading on Wednesday.

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