AustraliaDaily Briefs

Daily Brief Australia: Apiam Animal Health and more

In today’s briefing:

  • Apiam Animal Health (AHX AU): 3rd Feb Vote On Adamantem’s A$0.87/Share Offer


Apiam Animal Health (AHX AU): 3rd Feb Vote On Adamantem’s A$0.87/Share Offer

By David Blennerhassett

  • Back on the 22nd October, PE outfit Adamantem Capital firmed its Offer for Apiam Animal Health (AHX AU), Australia’s largest rural and regional veterinary group.
  • The A$0.87/share Offer Price was a 64.5% premium to last close. This included a permitted fully franked dividend up to A$0.10/share. Mix & match options are afforded, including 100% scrip.
  • The Scheme Booklet is now out, with a Scheme Meeting on the 3rd February, and expected implementation on the 23rd Feb 2026. The IE (Kroll) says “fair & reasonable“.

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