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An unsolicited acquisition proposal for SG Fleet is underway, requiring review by the Foreign Investment Review Board.

1 report, 1 independent Updated Aug 3
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What happened

Some supportReported by 1 outlet

An unsolicited acquisition proposal for SG Fleet is underway, requiring review by the Foreign Investment Review Board.

Who's involved

What this event is mainly about

How it developed

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  1. A bidding war has started for the control of Fleetpartners Group Ltd.Sub-event
  2. A non-binding indicative proposal has been submitted regarding an acquisition involving companies operating in Australia and New Zealand.Sub-event
  3. Acquisition of SG Fleet is proposed and requires FIRB approval.1 source

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Coverage

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