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Qoria Shareholders Approve Aura Consolidated Group Deal; Shares Gain 3%

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Qoria (ASX:QOR) said a vast majority of its shareholders voted to approve Aura Consolidated Group's proposed acquisition of the company at a meeting on Thursday, according to a same-day filing with the Australian bourse.

The deal remains subject to court approval at a hearing scheduled for July 7.

Earlier on Thursday, the company said eligible shareholders will receive consideration of one Aura Consolidated Group Chess depositary interest for every 17.32 Qoria shares they hold.

Qoria shares gained nearly 3% in recent Thursday trade.

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