Australia's Pepper Money gets revised takeover proposal from Challenger
March 17 (Reuters) - Australia's Pepper Money PPM.AX said on Tuesday it has received a lower revised takeover proposal from investment manager Challenger CGF.AX valuing it at A$1.01 billion ($713.67 million), down from its earlier valuation of A$1.16 billion. ($1 = 1.4152 Australian dollars) (Reporting by Rajasik Mukherjee; Editing by Shailesh Kuber) ((Rajasik.Mukherjee@thomsonreuters.com;))
Recent news on Challenger
See all newsUBS sees shift to growth for Australia's Challenger, lifts price target
Brief: Bank Of Queensland Completes Whole-Of-Loan Sale
Brief: Challenger Says Redemption Of Challenger Capital Notes 3 Approved By APRA
Brief: Challenger Reports Funds Management FUM A$104.5 Billion As At Q3 End
Australia's Challenger slumps to one-month low as quarterly FUM slips