Reliance Worldwide Corp Ltd
RWC: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| jR | LOCK|<$<h | LOCK|?v&#rP |
Reliance Earnings: Takeover Offer Distracts From Lower Earnings
Reliance has entered into a process deed with private equity firm Brookfield Capital Partners, following an unsolicited, nonbinding indicative proposal for 100% of Reliance's shares through a scheme of arrangement for AUD 4.75 per share. Shares jumped 25% following the announcement.
