Latest Consumer Services News

Rover Group has completed its acquisition of Mad Paws, marking the pet services marketplace’s exit from the ASX with shareholders paid $0.14 per share.

Mad Paws Holdings has secured court approval for its acquisition by Rover Group, marking a key milestone with trading suspension imminent and cash payouts scheduled.

The Supreme Court of New South Wales has approved Rover Group’s acquisition of Mad Paws, marking a pivotal moment for Australia’s leading pet services marketplace. The scheme will become effective this week, triggering share suspension and a new chapter for Mad Paws.

Love Group Global Ltd reports a modest rise in quarterly cash receipts and operating cash flow, driven by a rebound in Hong Kong, while Singapore lags. The company signals early moves toward US and UK expansion.

Mad Paws Holdings Limited (ASX – MPA) shareholders are invited to vote on a Scheme of Arrangement for the acquisition of 100% of Mad Paws by Rover Group, Inc. at $0.14 cash per share. The Mad Paws Board unanimously recommends approval, supported by an Independent Expert’s Report deeming the deal fair and reasonable.

Mayfield Childcare reported a 14.9% revenue increase driven by acquisitions but suffered a steep $21.9 million net loss, with auditors flagging related party disclosure issues.

Mayfield Childcare Limited announces the resignation of Non-Executive Director Lubna Matta following an internal investigation, with CEO Daniel Stone assuming the interim Managing Director role.

Mad Paws Holding Limited has agreed to be acquired by US-based Rover Group for $62 million, with shareholders set to receive a significant premium. The deal includes divestment of Mad Paws’ Pet Chemist business and closure of other e-commerce operations.

G8 Education faces ASX scrutiny over its handling of sensitive information about a former employee, with the regulator questioning the company’s disclosure practices despite GEM’s insistence of compliance.

Mayfield Childcare Limited reports a significant operational and financial turnaround in Q2 FY25 under new CEO Daniel Stone, with improved earnings and cost efficiencies despite ongoing sector pressures.

Entertainment Rewards Ltd has expanded its loan facility with Suzerain Investment Holdings by $2.5 million, increasing total funding to $7.5 million to support its Revenue Pivot Strategy and working capital needs.

Mad Paws Holdings Limited reported a milestone positive cash EBITDA of $0.3 million in Q2 FY25, driven by strong marketplace growth and operational efficiencies. The company is amplifying its market presence with a $5.25 million brand campaign in partnership with Seven West Media.