Challenger Receives Takeover Offer From Dai-ichi Life Group
Story updates
09:03:49 PM UTC
SquawkNews
Challenger Says Daiichi Life Offering A$11.80/Share for Stock It Doesn't Own
09:05:00 PM UTC
SquawkNews
Daiichi Life Owns Around 20.5% Stake in Challenger
09:15:38 PM UTC
SquawkNews
(21:03 GMT) *Challenger Gets Takeover Offer From Japan's Daiichi Life Group (21:03 GMT) *Challenger Says Daiichi Life Offering A$11.80/Share for Stock It Doesn't Own (21:03 GMT) *Challenger Says Board Considering Daiichi Life Offer (21:04 GMT) *Daiichi Life Owns Around 20.5% Stake in Challenger (21…
09:15:58 PM UTC
SquawkNews
Australian investment manager Challenger ASX:CGF said on Monday it has received an indicative takeover proposal from a unit of Japan's Daiichi Life Group TSE:8750 to acquire shares in the company that it does not already own.The proposal values the Australian company at A$7.94 billion ($5.53 billio…