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The latest announcement is out from AUB Group ( (AU:AUB) ).
AUB Group Limited, a company listed on the Australian Securities Exchange, has recently been the subject of a conditional, non-binding, indicative proposal from Arbutus Pte. Limited, affiliated with EQT AB, to acquire 100% of its shares at $45.00 per share. This follows a previous unsolicited proposal at $43.00 per share. The proposal’s emergence has led to a trading halt in AUB’s securities after a related article appeared in the Australian Financial Review, prompting AUB to confirm the proposal publicly.
The most recent analyst rating on (AU:AUB) stock is a Buy with a A$36.67 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
Average Trading Volume: 289,181
Technical Sentiment Signal: Buy
Current Market Cap: A$3.74B
For detailed information about AUB stock, go to TipRanks’ Stock Analysis page.