Trust takeover battle intensifies

Takeover battle intensifies after Trust accepted Perpetual offer last week.

The battle for takeover target The Trust Company (TRU) has intensified as potential suitor Equity Trustees (EQT) extends its offer for the financial services company, a week after Trust accepted a sweetened bid from Perpetual.

In a statement to the Australian Securities Exchange, Equity said its offer provided higher long-term value than rival offers from Perpetual or IOOF Holdings (IFL) and could result in higher dividends for its shareholders.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles