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Challenger and Pepper Group Make $2.60 Per Share Offer for Pepper Money

8:36am on Monday 9th of February, 2026 AEDT Financial Services
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Challenger and Pepper Group Make $2.60 Per Share Offer for Pepper Money

8:36am on Monday 9th of February, 2026 AEDT
Key Points
  • Indicative non-binding proposal to acquire 100% of Pepper Money shares
  • Offer values shares at $2.60 each, less dividends
  • Challenger and Pepper Group to jointly acquire Pepper Money
  • Independent Board Committee grants Challenger exclusivity for due diligence
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