Home / Centerstage / 2017 / august / Week 1 /
Pepper accepts a takeover offer of A$655 million from KKR Credit Advisors. The cash offer of A$3.60 per share is recommended by Pepper and is accompanied by a potential dividend payment. Chairman Seumas Dawes, CEO Michael Culhane, and CFO Cameron Small, who collectively own 35.5% of the company, express their support for the deal. Pepper's lending and advisory services in various sectors position it favorably amidst rising demand for home loans.
Wednesday, 9 August, 2017