On September 27, 2019, Aveo Group announced that the Supreme Court of New South Wales has approved the convening of meetings of Aveo Securityholders to vote on the trust scheme and company scheme of arrangement for the proposed acquisition of 100% of the outstanding securities of Aveo by Hydra RL BidCo Pty Ltd and Hydra RL TopCo Pty Ltd, entities controlled by Brookfield Asset Management Inc. The Company urged the shareholders to vote in favor of the schemes in the upcoming meeting to be held on November 6, 2019.