Datasite Global Corporation agreed to acquire Ansarada Group Limited (ASX:AND) for AUD230 million on February 13, 2024. Implementation of the Scheme is subject to Foreign Investment Review Board (?FIRB?) approval and other customary conditions, including Ansarada shareholder and Court approvals. The Ansarada Recommending Directors7 unanimously recommend Ansarada shareholders vote in favour of the Scheme.

The Scheme is not subject to a financing condition and Datasite has advised Ansarada it expects to fully fund the allcash Scheme Consideration from existing financing resources. Ansarada is being advised by MA Moelis Australia and DLA Piper Australia. Datasite is being advised by Jefferies Australia and Allens.