Sign in with Google. Opens in new tab
bullish

Austal Ltd

Austal (ASB AU): Attracting Takeover Interest

Arun has highlighted this Insight as a Top Pick
885 Views15 Jun 2023 17:18
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.
SUMMARY
(Sign Up to Access)
Full Insight
(Paid Plans Only, 4-minute read)
Discussions
(Paid Plans Only)
chart-bar
x