Steadfast Group Ltd
SDF: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $ | LOCK|K<Z@ | LOCK|S<m^s!l& |
Steadfast Group: Too Cheap Not to Attract Buyer Interest
Steadfast has received a nonbinding indicative acquisition proposal for AUD 6.00 cash per share, a 52% premium to the last close price. The bid comes from a consortium of Amwins, a wholesale specialty insurance distributor, and Dragoneer, an investment firm and a shareholder in Amwins.
