Brief: FleetPartners Group Unanimously Determines To Reject SG Fleet Proposal
10/08/2026 02:49
BRIEF-FleetPartners Group Unanimously Determines To Reject SG Fleet Proposal Aug 10 (Reuters) - FleetPartners Group Limited FPR.AX:
RESPONSE TO SG FLEET NBIO AND RECEIPT OF NBIO FROM ELEMENT
FLEETPARTNERS BOARD HAS UNANIMOUSLY DETERMINED TO REJECT SG FLEET PROPOSAL
BELIEVES COMPANY'S LONG-TERM VALUE AND PROSPECTS ARE NOT ADEQUATELY REFLECTED IN SG FLEET PROPOSAL.
BOARD CONSIDERING ELEMENT PROPOSAL
ELEMENT MAY INCREASE OFFER TO A$4.00 PER SHARE WITH 3-WEEK EXCLUSIVITY
ELEMENT FLEET MANAGEMENT PROPOSES TO BUY FLEETPARTNERS FOR A$3.80 PER SHARE
Further company coverage: FPR.AX
((Reuters.Briefs@thomsonreuters.com;))