HedgeCo.Net — Steadfast Group signed a binding scheme implementation deed on Friday with a consortium of Amwins, Dragoneer Investment Group, and KKR at A$6.00 a share. Insurance Journal, reprinting Reuters, put the buyout at about A$7.7 billion, or $5.52 billion, and said the board unanimously recommended the scheme in the absence of a superior proposal, subject to an independent expert. Insurance Business independently reported the same A$6.00 price, the same about-A$7.7-billion enterprise valu...
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