AUB lines up funding for British acquisition

Listed insurance aggregator AUB Group Limited is understood to be doing the rounds to line up funding as word gets out on the acquisition it’s been studying.

The admission was followed by words of caution from the AUB board, which warned shareholders the discussions had not led to a transaction being agreed on terms acceptable to the parties. Not that long ago, Macquarie’s sell-side team was reminding clients of AUB’s mergers and acquisition dry powder in a February 22 research note.

The question is how big the Tysers acquisition would be, and if AUB’s funding needs would spill over into equities fund managers’ territory too.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Wage rises tipped to hit listed tech earningsFast-rising wages for technology jobs are tipped to hit tech companies in the next earnings season, but it won’t just be margins under pressure. YolandaRedrup Nope, Australia is going to be flooded with cheap IT labour from India. Check the fine print of the interim Australia-India Free Trade Agreement.
Источник: FinancialReview - 🏆 2. / 90 Прочитайте больше »