09-July-2026
Corporate News
 
Australia's Steadfast Exclusivity Period Extended as US Consortium Reaffirms $5.3 Billion Bid
09-Jul-2026

Australia's Steadfast said on Thursday that Amwins Group and Dragoneer Investment had reaffirmed their takeover proposal valuing the insurance broker at A$7.7 billion ($5.34 billion), prompting a four-week extension of the exclusivity period. Here are some details: • The consortium reaffirmed its offer of A$6 per share, which values the Sydney-headquartered firm at an enterprise value of A$7.7 billion.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-08/australias-steadfast-exclusivity-period-extended-as-us-consortium-reaffirms-5-3-billion-bid
 
 
 

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