Australia's FleetPartners extends gain spurred by takeover offer
04/08/2026 02:39
BUZZ-Australia's FleetPartners extends gain spurred by takeover offer ** Shares of Australia's FleetPartners FPR.AX rise as much as 1.1% to A$3.355, building on Monday's rally to hit their highest level since November 25, 2024
** On Monday, vehicle leasing firm said it had received a takeover offer from SG Fleet Topco, backed by private equity firm Pacific Equity Partners, valued at around A$760.3 million ($532.29 million)
** YTD, stock up 18.6%, including day's moves
($1 = 1.4284 Australian dollars)
(Reporting by Aamir Sheik Khalid in Bengaluru)