The latest from the South Pacific on the InvoCare/TPG Global situation
As to the possible takeover of Australia’s largest death care provider, InvoCare, by United States private equity company TPG Global, The Australian Financial Review reported this on Thursday, July 20, 2023:
“After a bit of back and forth, InvoCare and TPG signed an agreement on May 15 at a $13 per share offer price. Discussions have been ongoing since that time to get a final agreement over the line. So far, no luck, although sources close to the ASX-listed group suggested it could be signed within days.”
As we go into the weekend here is the latest article that we have (as of Thursday night July 20) on the proposed takeover. It comes in the form of this article from the Australian Financial Review:
Down to the wire at TPG’s InvoCare takeover
Have a great weekend. . . maybe we will know more by Monday.
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