Implementation of Scheme of Arrangement
| Stock | Infomedia Ltd (IFM.ASX) |
|---|---|
| Release Time | 3 Dec 2025, noon |
| Price Sensitive | Yes |
Infomedia Ltd announces implementation of Scheme of Arrangement
- Infomedia acquired by McQueen BidCo Pty Ltd, an entity owned by TPG Capital
- Infomedia shareholders to receive $1.671 per share
- Infomedia to be delisted from ASX
Infomedia Ltd (IFM: ASX) has announced that the proposed acquisition of all the issued shares in Infomedia by McQueen BidCo Pty Ltd (ACN 689 383 140) ('Bidder'), an entity owned by an investment holding entity in Singapore which is managed or advised by TPG Capital (S) Pte. Ltd. or its related entities, by way of a scheme of arrangement ('Scheme') has been implemented. The Bidder now holds all of the ordinary shares in Infomedia, and Infomedia Shareholders have been sent an amount of $1.671 per Infomedia Share in respect of each Infomedia Share held on the Scheme Record Date. As a result of the implementation of the Scheme, Jim Hassel, Lisa Harker, Edwina Gilbert and Joseph Powell have resigned as directors of Infomedia. Infomedia intends to apply for its removal from the official list of the ASX with effect from close of trading on 3 December 2025.