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Why Did Pepper Money Reject Challenger’s $2.25 Share Offer?

8:48am on Wednesday 25th of March, 2026 AEDT Financials
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Why Did Pepper Money Reject Challenger’s $2.25 Share Offer?

8:48am on Wednesday 25th of March, 2026 AEDT
Key Points
  • Pepper Money rejects Challenger’s revised $2.25 per share offer
  • Independent Board Committee deems proposal not reasonably executable
  • Strong application flow and originations growth in early 2026
  • Confirmed fully franked final dividend of 7.8 cents per share
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