Street Talk

Hub24 to acquire Class, valuing company at $386 million

Anthony Macdonald, Yolanda Redrup and Kanika Sood

Oct 18, 2021 – 8.45am

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It’s not every day you see an M&A deal where the companies involved are talking to investors about two different premiums.

But that’s exactly what’s happening with Hub24’s proposal to acquire Class.

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

Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@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