Update: EQT Holdings Receives Takeover Proposal From BGH Capital; Shares Up 11%

Like
Comment
Favorite

Update: EQT Holdings Receives Takeover Proposal From BGH Capital; Shares Up 11%

MT Newswires Live09:14

(Updates to add stock movement in the headline and the last paragraph)

EQT Holdings (ASX:EQT) received an unsolicited, indicative, and non-binding proposal from private equity firm BGH Capital to acquire all outstanding shares for AU$24.75 in cash per share, less any dividends declared or paid, according to a Friday filing with the Australian bourse.

The proposal remains subject to due diligence, BGH investment committee approval, agreement on the scheme deed, shareholder and regulatory approvals, and other customary conditions, per the filing.

The company's board will review the proposal with its advisers, while noting that it may not result in a binding offer or completed deal, the filing added.

The company's shares rose around 11% in recent Friday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2661025513?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-21 09:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2661025513","market":"sh","top_or_hot":-1,"title":"Update: EQT Holdings Receives Takeover Proposal From BGH Capital; Shares Up 11%","media":"MT Newswires Live","content":"<html><body><p> (Updates to add stock movement in the headline and the last paragraph)</p><p>EQT Holdings (ASX:EQT) received an unsolicited, indicative, and non-binding proposal from private equity firm BGH Capital to acquire all outstanding shares for AU$24.75 in cash per share, less any dividends declared or paid, according to a Friday filing with the Australian bourse.</p><p>The proposal remains subject to due diligence, BGH investment committee approval, agreement on the scheme deed, shareholder and regulatory approvals, and other customary conditions, per the filing.</p><p>The company's board will review the proposal with its advisers, while noting that it may not result in a binding offer or completed deal, the filing added.</p><p>The company's shares rose around 11% in recent Friday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Update: EQT Holdings Receives Takeover Proposal From BGH Capital; Shares Up 11%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpdate: EQT Holdings Receives Takeover Proposal From BGH Capital; Shares Up 11%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-21 09:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> (Updates to add stock movement in the headline and the last paragraph)</p><p>EQT Holdings (ASX:EQT) received an unsolicited, indicative, and non-binding proposal from private equity firm BGH Capital to acquire all outstanding shares for AU$24.75 in cash per share, less any dividends declared or paid, according to a Friday filing with the Australian bourse.</p><p>The proposal remains subject to due diligence, BGH investment committee approval, agreement on the scheme deed, shareholder and regulatory approvals, and other customary conditions, per the filing.</p><p>The company's board will review the proposal with its advisers, while noting that it may not result in a binding offer or completed deal, the filing added.</p><p>The company's shares rose around 11% in recent Friday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1169589451.USD","symbol_name":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2661025513","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2661025513","pubTimestamp":1787274895,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"EQT Holdings  received an unsolicited, indicative, and non-binding proposal from private equity firm BGH Capital to acquire all outstanding shares for AU$24.75 in cash per share, less any dividends declared or paid, according to a Friday filing with the Australian bourse.The proposal remains subject to due diligence, BGH investment committee approval, agreement on the scheme deed, shareholder and regulatory approvals, and other customary conditions, per the filing.The company's board will review the proposal with its advisers, while noting that it may not result in a binding offer or completed deal, the filing added.The company's shares rose around 11% in recent Friday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1169589451.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"A\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","EQT":"EQT能源","NVIR":"Horizon Kinetics Energy and Remediation ETF","BK4588":"碎股","POWR":"ISHARES U.S. POWER INFRASTRUCTURE ETF","TNGY":"Tortoise Energy Fund","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK7062":"资产管理与托管银行","LU1169590202.USD":"ALLSPRING (LUX)  U.S. SELECT EQUITY \"I\" (USD) ACC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","USAI":"Pacer American Energy Independence ETF","PXE":"Invesco Energy Exploration & Production ETF","EQT.AU":"EQT Holdings Ltd","BK4585":"ETF&股票定投概念","LNGX":"Global X U.S. Natural Gas ETF","FCG":"First Trust Natural Gas ETF","IEO":"iShares Dow Jones U.S. Oil & Gas","BK4213":"石油与天然气的勘探与生产"},"translate_title":"更新：EQT Holdings 收到 BGH Capital 的收购要约；股价上涨 11%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVIR":0.6,"IEO":0.6,"FCG":0.6,"LNGX":0.6,"POWR":0.6,"PXE":0.6,"USAI":0.6,"EQT.AU":1,"TNGY":0.6,"EQT":1.5},"content_text":"(Updates to add stock movement in the headline and the last paragraph)EQT Holdings (ASX:EQT) received an unsolicited, indicative, and non-binding proposal from private equity firm BGH Capital to acquire all outstanding shares for AU$24.75 in cash per share, less any dividends declared or paid, according to a Friday filing with the Australian bourse.The proposal remains subject to due diligence, BGH investment committee approval, agreement on the scheme deed, shareholder and regulatory approvals, and other customary conditions, per the filing.The company's board will review the proposal with its advisers, while noting that it may not result in a binding offer or completed deal, the filing added.The company's shares rose around 11% in recent Friday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}