APM's Acquisition Approval Announcement

APM Human Services International Limited (ASX:APM) has received approval from the Supreme Court of New South Wales for the proposed acquisition by Ancora BidCo Pty Ltd, a subsidiary of funds managed by Madison Dearborn Partners, LLC. The acquisition will be carried out through a scheme of arrangement under the Corporations Act 2001 (Cth). As a result, APM's shares will be suspended from trading on the ASX from today.

Executive Commentary on Acquisition Approval

The approval of the acquisition by the Supreme Court of New South Wales marks a significant milestone for APM. We believe that this acquisition will provide us with the opportunity to further enhance our service offerings and expand our reach to support more individuals globally. We are committed to ensuring a smooth transition and delivering continued value to our stakeholders.

Summary of APM's Acquisition Approval

APM (ASX:APM) has successfully obtained approval from the Supreme Court of New South Wales for the acquisition by Ancora BidCo Pty Ltd, a subsidiary of funds managed by Madison Dearborn Partners, LLC. The scheme of arrangement under the Corporations Act 2001 (Cth) will lead to the suspension of APM's shares from trading on the ASX. The company aims to leverage this acquisition to expand its service offerings and global presence, ultimately delivering enhanced value to its stakeholders. APM remains focused on its purpose of 'Enabling Better Lives' and is dedicated to supporting individuals across various sectors and geographies.