Rover Completes Acquisition of Mad Paws [Yahoo! Finance]
ASX LTD UNSP/ADR (ASXFY)
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Source: Yahoo! Finance
SEATTLE, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Rover the world's largest online marketplace for loving pet care, today announced the completion of its acquisition of Mad Paws, the leading online pet care marketplace in Australia. Resulting from the close of the transaction Rover is acquiring 100% of the shares on issue in Mad Paws, by way of scheme of arrangement. The transaction was previously announced on July 21, 2025. The scheme of arrangement became effective on November 3, 2025 following approval from Mad Paws shareholders and the Supreme Court of New South Wales. With the completion of the acquisition, Mad Paws shareholders have been sent consideration of A$0.14 cash for each Mad Paws share held at the scheme record date. Mad Paws shares were suspended from trading on November 3, 2025 and Mad Paws intends to make an application to remove Mad Paws from the official list of the Australian Securities Exchange with effect on and from close of trading on November 12, 2025 (AEST). W
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