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RWC’s Brookfield Deal Clears Rival Bid Test Without a Challenger
8:09am on Monday 19th of October, 2026 AEDT
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Industrials
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RWC’s Brookfield Deal Clears Rival Bid Test Without a Challenger
8:09am on Monday 19th of October, 2026 AEDT
Key Points
No competing proposal emerged during RWC’s international market-testing process
Brookfield offer remains US$3.38 cash per share, implying A$4.87 at the cited exchange rate
Board unanimously maintains its recommendation for the scheme
No-shop restrictions now apply, subject to fiduciary exceptions and Brookfield’s matching right
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