The Market Floor’s Post

EQT Holdings Ltd receives $24.55 per share indicative takeover bid from TPG Global TPG Global has lodged an unsolicited indicative proposal to acquire EQT Holdings Ltd (ASX: EQT) at $24.55 per share in cash, valuing the specialist trustee company at approximately $1.6 billion on a fully diluted basis. The proposal, received on Monday 17 August 2026, contemplates a scheme of arrangement for 100% of EQT's outstanding shares. What the filing shows: · The offer is subject to due diligence, unanimous board recommendation, and regulatory approvals from FIRB, ACCC and APRA · EQT has appointed UBS as financial adviser and Herbert Smith Freehills Kramer as legal counsel · The company's FY26 results on 20 August will provide updated financials and determine any dividend that would reduce the offer price Source: EQT, "Takeover proposal from TPG Global", lodged with the ASX 18 August 2026. Read more: https://lnkd.in/gS4WwWMv Following EQT Holdings Ltd? Follow The Market Floor for the next move. #EQT #Markets #Finance #ASX #SmallOrds