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EQT Takeover Bids Lead a Week of Big Winners and Sharp Falls

11:32am on Saturday 22nd of August, 2026 AEST MARKET NEWS
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EQT Takeover Bids Lead a Week of Big Winners and Sharp Falls

11:32am on Saturday 22nd of August, 2026 AEST
Key Points
  • EQT Holdings (ASX:EQT) rose 25.21% after receiving competing takeover proposals.
  • Ovanti (ASX:OVT) fell 33.33% after quitting the global buy now, pay later market.
  • Iress (ASX:IRE) dropped 19.97% despite an 85% rise in first-half profit.
  • Financial companies reported strong growth, led by Cuscal, L1 Group, AFG and Judo Bank.
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