There is little love lost between fleet manager 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.
Street Talk understands the two companies' advisers met in the past week in an effort to keep the lines of communication open and request information that may prove helpful in overcoming a gulf in price 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
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. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
