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AUB Group ( (AU:AUB) ) just unveiled an announcement.
AUB Group has announced the cessation of discussions with EQT AB and CVC Asia Pacific Limited regarding a proposal to acquire 100% of AUB shares at $45.00 each. The termination of talks follows the Consortium’s decision not to proceed with a binding proposal at the offered price. AUB’s leadership remains confident in the company’s strategic direction and growth prospects, reaffirming its FY26 financial guidance and focusing on organic growth and acquisition opportunities.
The most recent analyst rating on (AU:AUB) stock is a Hold with a A$35.50 price target. To see the full list of analyst forecasts on AUB Group stock, see the AU:AUB Stock Forecast page.
More about AUB Group
AUB Group Limited is an ASX200 listed company consisting of insurance brokers and underwriting agencies, operating in approximately 579 locations. With over 6,000 team members, AUB Group serves around 1,200,000 clients, facilitating more than $11 billion in insurance premiums with both local and international insurers.
YTD Price Performance: 22.66%
Average Trading Volume: 358,067
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.34B
For detailed information about AUB stock, go to TipRanks’ Stock Analysis page.