Latest Embark Early Education (Asx:Evo) News

Embark Early Education Limited has launched an off-market takeover bid for Mayfield Childcare Limited, offering shareholders a choice of scrip or cash consideration at a significant premium. The bid aims to consolidate Embark’s position in the early childhood education sector with a strategic acquisition.

Embark Early Education has successfully completed a $12 million placement to support its conditional takeover bid for Mayfield Childcare. The capital raise attracted strong backing from existing and new sophisticated investors.

Embark Early Education has revised the timeline for its conditional takeover bid of Mayfield Childcare, delaying key regulatory filings into early 2026.

Embark Early Education has announced an off-market takeover bid for Mayfield Childcare, valuing the company at nearly $38 million and offering shareholders a premium over recent prices. The move aims to create a larger childcare group with enhanced resources and educational outcomes.

Embark Early Education announces a fully franked interim dividend alongside robust first-half financial results, highlighting significant revenue and profit gains.

Embark Early Education Limited reported a strong half-year performance with revenue up 43.5% and profit after tax rising 62.2%, driven by acquisitions and operational efficiencies. The company expanded its footprint with a new centre in Queensland, adding 99 childcare places.

Embark Early Education announces a fully franked interim dividend and the conditional acquisition of two Queensland childcare centres, boosting its portfolio to 40 centres.