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FleetPartners Considers $4.00 Element Proposal After Rejecting $3.60 SG Fleet Bid

8:43am on Monday 10th of August, 2026 AEST Financial Services
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FleetPartners Considers $4.00 Element Proposal After Rejecting $3.60 SG Fleet Bid

8:43am on Monday 10th of August, 2026 AEST
Key Points
  • SG Fleet’s $3.60 per share bid rejected as undervalued
  • Element offers $3.80 per share, rising to $4.00 with exclusivity
  • Element proposal contingent on due diligence and regulatory clearance
  • Board remains open to other strategic alternatives
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