Snowball to merge with Shadforth
Snowball Group Limited and Shadforth Financial Group Holdings Limited have announced their intention to merge.
The boards of the two groups announced the initiative to the Australian Securities Exchange (ASX) today.
The announcement said the merger would be effected by a takeover bid made by Snowball to acquire all the ordinary shares in Shadforth.
The merged entity will adopt a new head company brand.
AUTHOR
Mike Taylor
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