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Singapore’s Syfe lobs bid for Selfwealth; tops Bell by 12pc

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Singapore-based investment platform Syfe has formally tabled a 28¢ a share bid for ASX-listed Selfwealth, two days after it built a blocking stake as it prepared a competing bid to Bell Financial Group’s 25¢ offer from late November.

SelfWealth’s large active accounts and cash balance has attracted bidders. Dominic Lorrimer

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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/singapore-s-syfe-lobs-bid-for-selfwealth-tops-bells-by-12pc-20250203-p5l920