Sweden's EQT bids to buy Australia's AUB Group at $3.41 billion valuation

Steadfast

27/10/2025 22:25

Oct 28 (Reuters) - Australia's AUB Group AUB.AX said on Tuesday it had received a takeover offer from Swedish private equity firm EQT EQTAB.ST, in a deal valuing the insurance broking company at A$5.25 billion ($3.41 billion).

Under the proposal, EQT is offering A$45 per AUB share, which reflects a 25.1% premium to the Australian company's last close.

($1 = 1.5389 Australian dollars)

 (Reporting by Rishav Chatterjee in Bengaluru; Editing by Alan Barona)

 ((Rishav.Chatterjee@thomsonreuters.com))