Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,569.90
(0.32%)
Copper
4.08
0.18%
Oil
68.60
0.69%
Bitcoin
88,160.62
(2.58%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.59%)
Hang Seng
19,435.81
(0.97%)

SelfWealth (ASX: $SWF) receives acquisition proposal from Bell Financial

SelfWealth acquisition proposal overview


SelfWealth (ASX:SWF) has received a non-binding indicative proposal from Bell Financial Group Limited (ASX:BFG) to acquire 100% of its shares for $0.22 each. Shareholders have the choice to receive either cash or Bell shares. An Exclusivity Deed has been signed, granting Bell exclusive negotiation rights.

Summary and future outlook for SelfWealth


SelfWealth has entered into an Exclusivity Deed with Bell Financial Group, who has proposed to acquire all shares at $0.22 each, offering a significant premium. The proposal is valued at approximately $51 million and offers shareholders cash or share options. The Board views the proposal favorably, subject to the absence of superior offers. This acquisition aligns with Bell's strategy to expand its Technology & Platforms business, potentially increasing its market presence significantly by incorporating SelfWealth's client base and technology. The proposal awaits further shareholder actions and approval conditions.

Executive insights on SelfWealth proposal


The SelfWealth Board finds the proposal attractive and intends to recommend it to shareholders, subject to no superior proposal emerging.

SELFWEALTH LIMITED
SWF | ASX | Financials
0.250(+0%)
At close 13/11 (AEDT)
Market cap
$57.7M
Volume
9,977,914
DY Yield
PE Ratio
25
52 Week Range
0.105 - 0.26
1YR Return
N / A

0 Comments
Inline Feedbacks
View all comments
Social Media Auto Publish Powered By : XYZScripts.com

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions