ASX Announcements
Ceasing to be a substantial holder from WAM/WAX/WMI
Ceasing to be a substantial holder
- Dec 9, 2024
- 4 pages
Market Sensitive
Directors' Statement re Takeover, Scheme of Arrangement
- Dec 4, 2024
- 128 pages
Market Sensitive
Receipt of Non-binding Indicative Proposal
Indicative Non-Binding Proposal, Takeover - Timer Applied
- Nov 25, 2024
- 1 page
This Month
PEP acquires SG Fleet in $1.4b deal
The Sydney buyout firm’s purchase marks the largest public-to-private acquisition of the year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
November
Prestige new electric vehicles being sold for a loss by dealers
Demand for EVs above $70,000 is stalling, and the government’s tougher emissions standards scheme may worsen an oversupply next year.
- Simon Evans
- Opinion
- Chanticleer
Inside Pacific Equity Partners’ old-school private equity play
It’s a classic of the genre: undervalued market leader in a fragmented sector that’s ripe for consolidation and growing with government support.
- James Thomson
Pacific Equity Partners in talks to acquire SG Fleet in $1b-plus deal
The provider of fleet management, vehicle leasing and salary packaging services has over 277,000 vehicles and listed on the ASX in March 2014.
- Sarah Thompson, Kanika Sood and Emma Rapaport
February
SG Fleet’s investor LeasePlan seeks exit via $30m block trade
SG Fleet Group’s second-largest shareholder, LeasePlan Corporation, sent out JPMorgan to seek buyers for a circa $30 million stake after Tuesday’s closing bell.
- Sarah Thompson, Kanika Sood and Emma Rapaport
December 2022
Drivers rush to electric cars to lock in tax breaks
Nigel Malcolm, who runs Perth-based fleet management firm Fleetcare, says inquiries have jumped by 67 per cent since Labor’s fringe benefits tax exemption passed last month.
- Updated
- Gus McCubbing
September 2022
One in three new car leasing deals in UK are electric vehicles
The boss of ASX-listed SG Fleet says a lack of stock in Australia is a handbrake on more electric vehicle corporate leasing deals.
- Simon Evans
April 2021
- Opinion
- Chanticleer
SG Fleet’s $387m deal raises speculation of further consolidation
The strong financial market environment amid the COVID-19 recovery was one of the stars that aligned to make the LeasePlan buy possible.
- James Thomson
March 2021
SG Fleet inks deal to buy LeasePlan
After a week not trading on the local bourse, ASX-listed SG Fleet has agreed a cash and scrip to deal to buy industry bigwig LeasePlan Australia.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
SG Fleet back at the altar, this time with LeasePlan
It’s time to dust off one of the perennial dream deals.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
November 2019
SG Fleet has a bet on Netflix-style car subscription
A $700 million fleet management group puts its toe in the water in car subscription services by taking a stake in the ASX parent of Carly.
- Simon Evans
March 2019
Ailing Eclipx scraps dividend
Eclipx shares bounced off record lows after the board gave extra clarity on its financial position and said dividends would temporarily vanish.
- Simon Evans
October 2018
Takeover target Eclipx Group lays low as suitor circles
Another day, another session of gains for takeover target Eclipx Group.
- Updated
- Sarah Thompson and Anthony Macdonald
September 2018
Buy, hold, sell: NAB, Origin Energy, AMP, Janus Henderson
TMS Capital's Jeremy Hook speaks with Airlie Funds Management and Rhett Kessler from Pengana Capital on where value lies.
- Updated
Eclipx, SG Fleet hold 'information request' meeting
There is little love lost between Eclipx and its spurned suitor SG Fleet, but that doesn't mean the companies and their representatives have given up all hope of a deal.
- Updated
- Sarah Thompson and Anthony Macdonald
August 2018
Truth or dare: Super Group addresses SG Fleet's bid for Eclipx
Nothing fires up the M&A boffins like the "truth in takeovers" policy.
- Updated
- Sarah Thompson and Anthony Macdonald
July 2017
SG Fleet, Eclipx gear up for LeasePlan climax next month
It's SG Fleet vs Eclipx Group in a battle royal for vehicle leasing and fleet management provider, LeasePlan Australia.
- Updated
- SarahThompson, Anthony Macdonald and Joyce Moullakis
April 2017
SG Fleet, Eclipx banker up in battle for LeasePlan
Vehicle leasing and fleet management bigwigs SG Fleet and Eclipx Group are getting their tanks in position as they prepare to lock horns over another major rival, LeasePlan Australia.
- Updated
- Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis
November 2015
SG Fleet bonus from acquisition
The acquisition makes "both strategic and financial sense".
- Updated
- Elise Shaw
August 2015
SG Fleet posts record $40.5 million net profit
Vehicle fleet management and salary packaging services provider SG Fleet delivered a record 2014-15 result and in doing so exceeded prospectus forecasts by generating a net profit of $40.5 million, 3.3 per cent ahead of guidance.
- Updated
- Trevor Hoey