SYDNEY: Smartpay Holdings Ltd. said Monday it has entered into a scheme implementation agreement to be acquired by U.S.-based Shift4 Payments, LLC for NZ$1.20 per share in cash, valuing the New Zealand payment provider at approximately NZ$296.4 million. The deal, to be executed via a court-approved scheme of arrangement under Part 15 of New Zealand’s…
LONDON: Open Orphan has received Court approval for the reduction in capital. The reduction of capital will become effective on registration of the Court order at Companies House, which is expected to occur in the next few days. The reduction of capital will give the Company the ability to not only effect the Distribution in…
LONDON: National Australia Bank Limited (ASX: NAB) notified the Federal Court of Australia has made orders approving the scheme of arrangement under which NAB will acquire the remaining share capital in 86 400 Holdings Ltd, the holding company of Australian neobank, 86 400. In January 2021, NAB announced its intention to acquire 86 400 to…