Eildon rebuffs takeover bid
Eildon Capital this morning has rejected the "opportunistic" takeover bid by Samuel Terry Asset Management.
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Eildon Capital this morning has rejected the "opportunistic" takeover bid by Samuel Terry Asset Management.
The 93¢-per-share price – and the premium or discount implied – is understood to be the bone of contention between the bidder and target.
CVC has divested a 20% stake in Eildon Capital that will be picked up by another boutique fund manager.
Fred Woollard’s activist investment firm Samuel Terry Asset Management has lobbed a 93¢ per stapled security off-market takeover bid for listed property investment outfit Eildon Capital, which has $280 million in funds under management.
Mid-Goulburn landholders call for government to step in, over Lake Eildon flood fears.