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Block hungry bankers stay close to Challenger

Reporting season hasn’t disappointed with big deals firmly on the agenda, and we’re only halfway through. But there’s a potential block trade that has bankers hot to trot.

ASX-listed retirement product provider and fund manager Challenger has been under a cloud with first-half profit and life sales coming in below expectations.

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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/block-hungry-bankers-stay-close-to-challenger-20250220-p5ldpw