SG Fleet has made a non-binding acquisition proposal to FleetPartners for $3.60 per share. The proposal is currently being evaluated by FleetPartners' board along with legal and financial advisers. This potential transaction is subject to due diligence and regulatory approvals. There is no certainty that this proposal will result in a formal acquisition.
Company Information
Company
SG Fleet
Location
Melbourne, Victoria, Australia
About
SG Fleet is a leading fleet management and salary packaging company in Australia. It provides a range of services to customers both in the private and public sectors. The company is focused on delivering tailored solutions for fleet and mobility management.