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Private Capital’s Bold Move on ASX
Summary by sharecafe.com.au
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Private Capital’s Bold Move on ASX
Private capital is significantly impacting the Australian sharemarket, with private equity firms increasingly targeting "unloved ASX industrials." Sweden's EQT and Canada's Brookfield recently lobbed bids for Cleanaway and Reliance Worldwide, valued at $9.4 billion and $4.1 billion respectively. This week marked critical junctures. Cleanaway's nine-week exclusive due-diligence period with EQT concluded Monday, allowing engagement with
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