Guardian Trust owner a takeover target
Guardian Trust’s Australian owner The Trust Company is the target of an off-market takeover bid by fellow Aussie firm Equity Trustees (EQT), which is looking for full control.
Guardian Trust’s Australian owner The Trust Company is the target of an off-market takeover bid by fellow Aussie firm Equity Trustees (EQT), which is looking for full control.
EQT chairman Tony Killen said combining Equity Trustees and Trust Company was the best available corporate transaction for both companies.
"The offer will provide the opportunity for Trust Company shareholders to decide the matter," he said.
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