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Why Has Challenger Slashed Its Pepper Money Offer to $2.25?
10:00am on Tuesday 17th of March, 2026 AEDT
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Financial Services
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Why Has Challenger Slashed Its Pepper Money Offer to $2.25?
10:00am on Tuesday 17th of March, 2026 AEDT
Key Points
Revised offer price reduced from $2.60 to $2.25 per share
Offer excludes Pepper Money's final 2025 dividend and any special dividends
Proposal remains non-binding and conditional with no transaction certainty
Challenger partners with Pepper Group ANZ HoldCo Limited in acquisition bid
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