AUB.ASX: Cessation of discussions with EQT and CVC

Cessation of discussions with EQT and CVC

Stock	AUB Group Ltd (AUB.ASX)
Release Time	1 Dec 2025, 8:27 a.m.
Price Sensitive	Yes

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AUB Group Ends Talks with EQT and CVC

Key Points

AUB Group received unsolicited acquisition proposal from EQT and CVC
Consortium proposed to acquire 100% of AUB for $45 per share
AUB Board believes $45 per share appropriately values the company

Full Summary

AUB Group Limited (AUB) has announced the cessation of discussions with EQT AB (EQT) and CVC Asia Pacific Limited (CVC) regarding their unsolicited, confidential and non-binding indicative proposal to acquire 100% of AUB by way of scheme of arrangement for cash consideration of $45.00 per AUB share. The Consortium has advised AUB that it does not intend to proceed with a binding proposal at a price of $45.00 per share, and the parties have agreed to terminate discussions. The AUB Board believes that a price of $45.00 per share appropriately values AUB in the current market environment. AUB's Chief Executive Officer and Managing Director, Michael Emmett, stated that the recent due diligence process has reaffirmed the company's confidence in its improvement initiatives and long-term growth prospects. Now that discussions with the Consortium have ended, the Board and management team are fully focused on advancing their portfolio of organic growth initiatives and acquisition opportunities.

Guidance

AUB reaffirms its FY26 guidance for underlying NPAT, to be in the range of AUD215.0 million - AUD227.0 million, representing earnings growth of 7.4% to 13.4%.