Business
ASX 200 shares hit by multiple takeovers – Motley Fool Australia
Low valuations have led to mergers, takeovers, and acquisitions on the ASX 200. Some are very hostile, and others rumoured be in process.
During the pandemic, there has been a rash of takeovers among S&P/ASX 200 Index (ASX: XJO) companies and private equity firms. For instance, the $16 billion merger of two ASX 200 gold mining giants, Northern Star Resources Ltd(ASX: NST) and Saracen Mineral Holdings Limited(ASX: SAR). Furthermore, there have been many other changes to company ownership, some by mutual agreement, others far more hostile. Let’s take a look at a few examples.
WAM Capital is in the final stages of two hostile bids. In…
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