Busy Bees Early Learning Australia Pty Ltd submitted a non-binding and indicative proposal to acquire Mayfield Childcare Limited (ASX:MFD) for AUD 88.17 million on December 12, 2022. The transaction is subject to consummation of due diligence and approval of the boards of both Mayfield and Busy Bees. Mayfield is being advised by Canaccord Genuity (Australia) Limited and Steinepreis Paganin as financial and legal advisors, respectively.

Busy Bees Early Learning Australia Pty Ltd terminated the non-binding and indicative proposal to acquire Mayfield Childcare Limited (ASX:MFD) on July 26, 2023.