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United Malt in play as European suitor drops by; MacCap on defence

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ASX-listed United Malt Group has joined the long-time takeover targets to get a bid, with the company expected to unveil as approach as early as Monday.

United Malt felt the pain of lockdowns and less drinking at pubs and clubs during COVID-19 restrictions. 

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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
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

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Original URL: https://www.afr.com/street-talk/united-malt-group-in-play-as-suitor-drops-in-for-takeover-talks-20230327-p5cvj3