Australia's Steadfast agrees to $5.51 billion buyout bid by KKR-backed consortium
21/08/2026 10:01
Australia's Steadfast agrees to $5.51 billion buyout bid by KKR-backed consortium Aug 21 (Reuters) - Australia's Steadfast Group SDF.AX on Friday said that it has entered into a scheme implementation deed with a consortium including KKR KKR.N for a takeover offer, giving the insurance broker an enterprise value of A$7.7 billion ($5.51 billion).
($1 = 1.3968 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru; Editing by Harikrishnan Nair)
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