Australia's Euroz Hartleys hits three-month high on confirming capital business sale talks

Euroz Hartleys

05/06/2026 02:33

** Shares of Australia's Euroz Hartleys EZL.AX rise as much as 8.1% to A$1.34, their highest level since March 9
** The diversified financial services provider refers to media reports in relation to the potential acquisition of its capital markets business 
** Company confirms that it is in discussions with BMO Financial under which the latter has made a confidential, non-binding proposal to acquire the business for A$145 million ($103.24 million)
** Notes that company would continue to own its private wealth business
** Stock up 10% so far this week, set for its best week in over three months, if current trend holds
** YTD, stock up 6.9%

($1 = 1.4045 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)
 ((Aamir.SheikKhalid@thomsonreuters.com))