Cerebus joins Arlington Capital Partners and Bondi Partners as rumoured suitors, increasing the bid odds. Peer multiples point to an offer of at least A$2.80, a 22% premium to the last close.
Boomeranged on Mon, 3 Jul 2023 09:29
AFR reports that JF Lehman & Company, a middle-market private equity firm focused on aerospace, defence and maritime sectors, is preparing to lodge an offer as early as this week. A formal approach would be the nudge required for the other potential bidders (Cerebus, Arlington Capital Partners and Bondi Partners) to firm up their offers.