Oct 20 (Reuters) - Challenger Ltd (CGF) : SIGNED CONDITIONAL...

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    Oct 20 (Reuters) - Challenger Ltd (CGF) :

    • SIGNED CONDITIONAL SHARE PURCHASE AGREEMENT FOR PURCHASE OF CHALLENGER BANK FROM CHALLENGER LTD
    • CONSIDERATION PAYABLE BY HEARTLAND ON COMPLETION IS EXPECTED TO BE APPROXIMATELY A$36 MILLION
    • ADVISED AVENUE HOLD THAT IT WILL NO LONGER BE EXPLORING POTENTIAL ACQUISITION
    • MADE INITIAL SUBSCRIPTION FOR A$5 MILLION OF CAPITAL IN AVENUE HOLD; NO DECISION MADE ON FUTURE OF STAKE
    • TO COVER COSTS OF ACQUISITION THROUGH EXISTING RESOURCES
    • EXISTING REVERSE MORTGAGE AND LIVESTOCK BUSINESSES IN AUSTRALIA WILL BE TRANSFERRED TO SIT IN OR UNDER CHALLENGER BANK

    (([email protected];))

 
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(20min delay)
Last
$8.18
Change
-0.050(0.61%)
Mkt cap ! $5.655B
Open High Low Value Volume
$8.27 $8.37 $8.17 $13.30M 1.618M

Buyers (Bids)

No. Vol. Price($)
2 2824 $8.16
 

Sellers (Offers)

Price($) Vol. No.
$8.18 86446 1
View Market Depth
Last trade - 16.10pm 01/08/2025 (20 minute delay) ?
CGF (ASX) Chart
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