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Eureka Group’s spurned suitor Aspen launches $33.6m block trade

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Lifestyle communities player Aspen Group is tempering its hopes of acquiring ASX-listed retirement homes player Eureka Group, launching a sell-down in the midst of an equity raising.

Eureka and Aspen are retirement housing players. Oscar Coleman

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/aspen-launches-33-6m-block-trade-in-eureka-group-taps-ma-moelis-20241029-p5kmdh