Business
Challenger shares spike as stake sale fuels takeover talk – Sydney Morning Herald
Two global firms have partnered to buy 15 per cent of Challenger, fuelling speculation the ASX-listed annuities specialist might…
However, Allan Gray managing director Simon Mawhinney, who is also a major Challenger shareholder, dismissed the potential for a takeover. Its not that surprising that trade parties are interested in any business when prices and profits are depressed, I…
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