Browsing Tag
SG Fleet
3 posts
FleetPartners (ASX: FPR) trades above A$4.65 bids. Is the market pricing a higher offer?
FleetPartners closed at A$4.67 on October 2, two cents above the highest officially disclosed takeover proposals from ORIX and the Sumitomo consortium. With three bidders still inside the process and no binding transaction announced, investors are effectively pricing some probability that competitive tension produces stronger final terms.
Smartgroup (ASX: SIQ) share price hits new 12-month high as EV novated lease growth accelerates
Smartgroup just broke to 12-month highs. The TPG bid of $10.35 sits 7% above. EV novated leases are the engine and August earnings is the test.
ASX: OML jumps 47% as Pacific Equity Partners tables $1.40 takeover offer for oOh!media
PEP's $1.40 cash offer for ASX: OML lands at 5.9x earnings. Nine paid 8.1x for QMS weeks earlier. The oOh!media board now has a valuation fight on its hands.