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Embattled APM inches closer to ASX exit with date set for vote on Madison Dearborn’s $1.33b takeover offer

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Embattled APM inches closer to ASX exit with date set for vote on Madison Dearborn’s $1.33b takeover offer

Embattled human services provider APM’s disastrous three-year stint on the *********** Securities Exchange is drawing to a close, with a date now set for a shareholder vote on a $1 billion-plus buyout that will return in to private hands.

Scheduling of the September 18 meeting comes after independent experts Kroll Australia on Thursday declared major private equity backer Madison Dearborn Capital Partners’ cash bid of $1.45-a-share “fair and reasonable”.

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#Embattled #APM #inches #closer #ASX #exit #date #set #vote #Madison #Dearborns #1.33b #takeover #offer

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