Morrison & Co Growth Infrastructure Fund managed by HRL Morrison & Co Limited signed an agreement to acquire 50% stake in Crate Pooling business of Pact Group from Pact Group Holdings Ltd (ASX:PGH) for AUD 180 million on August 16, 2023.RBC Capital Markets, LLC acted as Financial advisor to HRL Morrison & Co Limited.Completion of the agreement is expected later this year, subject to the satisfaction of customary conditions and approvals. Michael Ziegelaar, Stephen Dobbs, Alexander Mackinnon of Herbert Smith Freehills acted as legal advisor to Pact Group Holdings. Ashurst LLP acted as a legal advisor to Morrison & Co Growth Infrastructure Fund.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.85 AUD | +0.59% | 0.00% | -0.58% |
05/05 | Geminder?s Pact Offer Set to End in Stalemate | CI |
07/04 | Australian Takeover Panel Declines to Conduct Proceedings Over Bennamon Industries' Bid for Pact Group | MT |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-0.58% | 191M | |
+6.02% | 14.76B | |
-9.10% | 7.1B | |
+36.80% | 1.52B | |
+16.01% | 1.45B | |
-12.23% | 1.37B | |
+30.43% | 1.29B | |
-20.50% | 1.06B | |
+20.72% | 854M | |
+1.54% | 714M |
- Stock Market
- Equities
- PGH Stock
- News Pact Group Holdings Ltd
- Morrison & Co Growth Infrastructure Fund managed by HRL Morrison & Co Limited signed an agreement to acquire 50% stake in Crate Pooling business of Pact Group from Pact Group Holdings Ltd for AUD 180 million.