AFR says they have attracted biddersDeal seems to have bern...

AFR says they have attracted bidders
Deal seems to have bern done

Street Talk can reveal QANTM has received a privatisation proposal, in a deal expected to be announced on Tuesday.

Sources said the Investec-advised acquirer is an offshore trade player, and had all but agreed terms with the Sonia Petering-chaired board.

Of note, Quadrant Private Equity deal makers and their cross-town rivals at Adamantem Capital submitted proposals to acquire QANTM, but were bested by the afore-mentioned suitor.