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HelloFresh gobbles up ready-meals maker Youfoodz – The Australian Financial Review

HelloFresh is offering 93 cents a share, double the recent market price but well below the $1.50 a share investors paid in Youfoodz’s…

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Youfoodz reaffirmed prospectus forecasts in February, but issued a profit downgrade in April, saying it would miss net revenue and EBITDA forecasts for the year to June 30. Net revenue would be $146 million to $148 million, not $149.9 million, it said,…

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