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Hub24 to acquire Class, valuing company at $386 million

Anthony Macdonald, Yolanda Redrup and Kanika Sood
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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.

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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
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Original URL: https://www.afr.com/street-talk/hub24-to-acquire-class-valuing-company-at-386-million-20211018-p590sf