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Johns Lyng Group to be acquired by Sherwood BidCo in $1.1B scheme of arrangement with $4.00 per share cash offer

7:01am on Wednesday 3rd of September, 2025 AEST Construction Services
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Johns Lyng Group to be acquired by Sherwood BidCo in $1.1B scheme of arrangement with $4.00 per share cash offer

7:01am on Wednesday 3rd of September, 2025 AEST
Key Points
  • Proposed acquisition by Sherwood BidCo, owned by Pacific Equity Partners
  • Cash consideration of $4.00 per JLG share, representing a premium of up to 77%
  • Relevant shareholders may elect scrip consideration in Topco shares
  • Independent Expert Kroll Australia deems scheme fair and reasonable
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