Australian (ASX) Stock Market Forum

VTG - Vita Group

Telstra must have put Maxine's nuts in a vice for VTG to accept the price. Maybe Telstra's leverage was retaining All of Vita's staff in continuing roles. Hard to argue against that if so. Predatory stuff. I won't break even on the deal after a few years hokding. Doubt that I will keep my shares for a stake in the remaining beauty business - beauty comes from within, as I demonstrate every day. The sophisticated theorizers on the ICU takeover value were way off although they clearly saw that a buyout would happen.
 
On June 22nd, 2023, Vita Group Limited (VTG) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between VTG and its shareholders in connection with the acquisition of all the issued capital in VTG by Practice Management Pty Ltd.
 
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