Takeover proposal from TPG Global
| Stock | EQT Holdings Ltd (EQT.ASX) |
|---|---|
| Release Time | 18 Aug 2026, 9:36 a.m. |
| Price Sensitive | Yes |
EQT Holdings Ltd Receives Takeover Proposal from TPG Global
- EQT Holdings Ltd received an unsolicited, indicative and non-binding proposal from TPG Global
- Proposal to acquire 100% of EQT shares at A$24.55 per share
- Proposal subject to conditions including due diligence, regulatory approvals, and board recommendation
- EQT will release FY26 results on 20 August 2026
EQT Holdings Ltd, the holding company for Equity Trustees, announced on 18 August 2026 that it received an unsolicited, indicative, and non-binding proposal from TPG Global to acquire 100% of its outstanding shares at an indicative price of A$24.55 cash per share. The proposal is subject to several conditions, including satisfactory completion of due diligence, regulatory approvals, and a unanimous recommendation from EQT's board. TPG has requested exclusivity to conduct due diligence and negotiate transaction documentation. EQT has appointed UBS as financial adviser and Herbert Smith Freehills Kramer as legal adviser. EQT will release its FY26 results on 20 August 2026.
EQT Holdings Ltd to release FY26 results on 20 August 2026
EQT Holdings Ltd will evaluate the proposal and provide updates to shareholders in due course.