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Euroz halts shares, transaction pending

Stockbroking and advisory firm Euroz has halted trading in its shares pending an announcement about a potential transaction. Talk broking sector rationalisation has been rife this year.

Joyce Moullakis
Joyce MoullakisSenior Reporter
Updated

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Stockbroking and advisory firm Euroz is poised to announce a corporate transaction, with speculation pointing to a tie-up with one of its peers or an acquisition in the funds management space.

Perth-based Euroz said its securities would remain in a trading halt until the commencement of trading on Friday, unless the Australian Securities Exchange decided otherwise.

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Joyce Moullakis wrote on banking and finance, specialising in Investment Banking, Private Equity, Financial Services. Connect with Joyce on Twitter. Email Joyce at jmoullakis@afr.com.au

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    Original URL: https://www.afr.com/companies/euroz-halts-shares-transaction-pending-20140514-iwse4