EQT Holdings Receives Takeover Proposal From TPG Global

MT Newswires Live08:47

EQT Holdings (ASX:EQT) received an unsolicited, non-binding proposal from TPG Global to acquire all of the company's shares via a scheme of arrangement for AU$24.55 in cash per share, less any dividends declared or paid, according to a Tuesday filing with the Australian bourse.

The proposal remains subject to due diligence, regulatory approvals and other conditions, with the company's board and advisers assessing it and no guarantee that a binding offer will be made, per the filing.

The company will report fiscal 2026 results on Thursday, including its final dividend decision and an update on its planned exit from independent superannuation trusteeship and related capital and funding implications, the filing added.

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