ASX:DUI

2 stories mentioning ASX:DUIUpdated 126d ago

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Australian United Investment Says Merger With Australian United Investment Becomes Effective

Diversified United Investment (ASX:DUI) said that the scheme of arrangement under which it will merge with Australian United Investment Company (ASX:AUI) was now legally effective, according to a Tuesday Australian bourse filing.Diversified United lodged the orders of the Federal Court of Australia with the Australian Securities and Investments Commission.The scheme is expected to be implemented on April 30. Eligible Diversified United shareholders will be entitled to receive the scheme consideration of around 0.4724 new Australian United Investment shares for each Diversified United share held as of Thursday, April 23.

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Asia151d ago

Diversified United Investment Shareholders Approve Merger With Australian United Investment

Diversified United Investment (ASX:DUI) shareholders approved its proposed merger with Australian United Investment Co. (ASX:AUI) at a Thursday meeting, according to a same-day filing with the Australian bourse.Diversified United Investment said it will apply to the Federal Court of Australia for the deal's approval, with the second court hearing due to take place on April 20 in Melbourne.

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