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How COG’s $20M Raise Fuels Bigger Stake in Fleet Network
9:33am on Thursday 9th of October, 2025 AEDT
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Financial Services
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How COG’s $20M Raise Fuels Bigger Stake in Fleet Network
9:33am on Thursday 9th of October, 2025 AEDT
Key Points
Acquisition of additional 14.1% stake in Fleet Network
Total ownership rises to approximately 92.4%
$23.9 million consideration at 6.1x FY25 EBITDA multiple
$20 million equity placement at $2.00 per share
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Cog Financial Services (ASX:COG)
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