Australia's FleetPartners Group marks best week in 6 years on takeover offer
07/08/2026 05:56
BUZZ-Australia's FleetPartners Group marks best week in 6 years on takeover offer ** Shares of FleetPartners Group FPR.AX rise as much as 2.4% to A$3.48, their highest level since July 25
** Gains over 22% on week, marking its best since mid-May 2020
** Vehicle leasing firm said on Monday it received a takeover offer last week from SG Fleet Topco, backed by private equity firm Pacific Equity Partners
** Offer price of A$3.60 per share, valuing FPR at A$760.3 million ($534.11 million)
** Up 22% YTD, including the session's moves
($1 = 1.4235 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)