Australia's AUB plunges as EQT, CVC abandon $3.44 billion offer

Impact · against what's priced in

AUB Group shares are correcting sharply as the market removes the takeover premium previously associated with EQT and CVC's $5.25 billion valuation. The collapse of these talks eliminates the immediate catalyst for a price floor at the offer level.

AUB−0.80

No priced-in read yet

In context

The abandonment of takeover talks valued at A$5.25 billion by EQT and CVC has triggered a 17% share price drop as the acquisition premium vanishes.

Read from the article alone

• m and a
• AUB
• australia
• cvc
• eqt
• insurance
• takeover

Search tags