Chanticleer

Johns Lyng, tell ’em the price, son!

The property services group was caught red-handed dealing with Pacific Equity Partners. So why stop short of disclosing what’s actually going on?

Updated Jun 11, 2025 – 4.42pm, first published at 1.51pm

Email LinkedIn Twitter Facebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

We get it. Takeover target Johns Lyng Group was completely unprepared when The Australian Financial Review’s Street Talk column broke the news that it was in exclusive talks with a private equity buyer.

But now that the news is out – and those confidential talks that formally started on April 11 are no longer confidential – it’s befuddling why the property services company would let the shares trade without THE most price-sensitive information: the price.

Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.