Australia’s Pepper Money confirms $760 million takeover approach from Challenger, Pepper Group
08/02/2026 21:40
Feb 9 (Reuters) - Australia's Pepper Money PPM.AX on Monday confirmed it received a takeover proposal from investment manager Challenger CGF.AX and majority shareholder Pepper Group, valuing the non-banking lender at A$1.16 billion ($760 million). (Reporting by Kumar Tanishk in Bengaluru; editing by Diane Craft) ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))