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Challenger keeps TAL takeover talks alive after rejecting $11.80 offer

9:51am on Monday 26th of October, 2026 AEDT • Financial Services
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Challenger keeps TAL takeover talks alive after rejecting $11.80 offer

9:51am on Monday 26th of October, 2026 AEDT
Key Points
  • Board says $11.80 per share is not recommendable
  • Challenger intends to continue discussions with TAL
  • Offer remains non-binding and conditional
  • No certainty of a binding bid or completed transaction
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