Board Decision to Provide Limited Due Diligence Access
| Stock | Fleetpartners Group Ltd (FPR.ASX) |
|---|---|
| Release Time | 13 Aug 2026, 9:10 a.m. |
| Price Sensitive | Yes |
FleetPartners Board Offers Limited Due Diligence Access
- FleetPartners received proposals from SG Fleet, Element, and ORIX
- Board evaluating proposals with professional advisers
- Initial limited due diligence access offered to interested parties
- Confidentiality agreements required for access
- FleetPartners to continue assessing proposals
FleetPartners Group Limited has received indicative, non-binding, and conditional proposals from SG Fleet, Element, and ORIX to acquire 100% of the company. The Board, along with professional advisers, is evaluating these proposals and has decided to provide initial limited commercial and financial due diligence access to SG Fleet, Element, and ORIX, subject to confidentiality agreements. This access is intended to allow these parties to submit revised proposals based on more informed considerations. The Board may also extend this access to other parties if their proposals warrant further engagement. There is no guarantee that any proposal will lead to a binding offer or a transaction. FleetPartners shareholders are advised not to take any action at this time.
The FleetPartners Board will continue to assess and engage with SG Fleet, Element, ORIX, and any other parties regarding proposals that may emerge.