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AUB Group ( (AU:AUB) ) has issued an announcement.
AUB Group Limited has extended its exclusivity period with EQT AB for a potential acquisition proposal. EQT has re-confirmed its intention to proceed with the proposal to acquire 100% of AUB for $45.00 per share, extending the exclusivity period by two weeks. However, there is no guarantee that a binding agreement will be reached, and AUB shareholders are advised that no action is required at this stage.
The most recent analyst rating on (AU:AUB) stock is a Buy with a A$42.17 price target. To see the full list of analyst forecasts on AUB Group stock, see the AU:AUB Stock Forecast page.
More about AUB Group
AUB Group Limited (ASX: AUB) is an ASX200 listed company comprising insurance brokers and underwriting agencies. It operates in approximately 579 locations, with over 6,000 team members serving around 1,200,000 clients, placing more than $11 billion in insurance premiums with both local and foreign insurers.
Average Trading Volume: 342,553
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.19B
For an in-depth examination of AUB stock, go to TipRanks’ Overview page.