Platinum Asset Management’s Guy Strapp-chaired board is understood to have fielded competing proposals, while Phil King’s Regal Partners works through internal approvals to formally submit its revised bid.
New Platinum CEO Jeff Peters. Peter Rae
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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
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