Steadfast Group Ltd
SDF: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| cl | LOCK|$>lv& | LOCK|$&W>><$ |
Steadfast Group: Too Cheap Not to Attract Buyer Interest
Steadfast has received a nonbinding indicative acquisition proposal for AUD 6.00 cash per share, a 52% premium to the last close price. The bid comes from a consortium of Amwins, a wholesale specialty insurance distributor, and Dragoneer, an investment firm and a shareholder in Amwins.
