Australia's Pepper Money gets revised takeover proposal from Challenger
16/03/2026 22:48
March 17 (Reuters) - Australia's Pepper Money PPM.AX said on Tuesday it has received a lower revised takeover proposal from investment manager Challenger CGF.AX valuing it at A$1.01 billion ($713.67 million), down from its earlier valuation of A$1.16 billion. ($1 = 1.4152 Australian dollars) (Reporting by Rajasik Mukherjee; Editing by Shailesh Kuber) ((Rajasik.Mukherjee@thomsonreuters.com;))