Rover Group Announces Binding Scheme Implementation Deed with Mad Paws, Australia's Leading Online Pet Care Marketplace
1. Rover plans to acquire Mad Paws to expand into Australia. 2. Mad Paws connects over 300,000 pet parents with 70,000 providers. 3. The Australian pet market is valued at approximately A$30 billion. 4. Acquisition involves cash payment of A$0.14 per Mad Paws share. 5. Pending approvals include shareholder and Australian court decisions.