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8591 — ORIX News Story

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Australia's FleetPartners set for best week in more than a month on sweetened offers

BUZZ-Australia's FleetPartners set for best week in more than a month on sweetened offers

** Shares of Australia's FleetPartners FPR.AX have risen about 13% so far this week, on course for their best week in more than a month

** On Monday, the vehicle leasing firm said it had received revised indicative offers from Pacific Equity Partners-backed SG Fleet, ORIX Corp 8591.T and Sumitomo-led consortium 8053.T

** The sweetened offers valued co between A$960.9 million and A$982.1 million ($683.87 million-$698.96 million)

** Stock down as much as 0.6% to A$4.7 on Friday

** YTD, stock up 65%


($1 = 1.4051 Australian dollars)


(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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