Court Approves Acquisition of Vonex by MaxoTel
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The Supreme Court of New South Wales has approved Vonex Limited's acquisition by Maxo Telecommunications Pty Ltd. Following this, Vonex will file the court's orders with the Australian Securities and Investments Commission, making the acquisition legally effective. Vonex's shares will be suspended from trading on the ASX, with a planned delisting on October 21, 2025. Vonex is a telecommunications company focused on infrastructure solutions and VoIP services for small to medium enterprises.
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