Australia's Pacific Current gets $359 mln takeover offer from money manager GQG

GQG Partners

01/11/2023 05:50

Nov 1 (Reuters) - Australia's Pacific Current Group
 PAC.AX  said on Wednesday it had received a non-binding
indicative buyout offer from global fund manager GQG Partners
 GQPIL.PK , valuing the firm at A$567.3 million ($359.04
million). 

($1 = 1.5800 Australian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by
Subhranshu Sahu)
 ((Rishav.Chatterjee@thomsonreuters.com;))