Australia's Envirosuite hits over one-week high as court approves Ideagen buyout

Envirosuite

08/08/2025 07:18

** Shares of Envirosuite EVS.AX rise as much as 1.1% to A$0.09, their highest level since August 1

** The environmental intelligence co says the Federal Court of Australia has approved the proposed acquisition of all of its shares by Ideagen's unit

** Co received a buyout proposal from the UK-based software company in February

**YTD, shares of EVS UP 60.7%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))