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Steadfast Group Limited (ASX:SDF)

ALERT: Price-sensitive ASX Announcement for SDF
Current share price for SDF : $5.270 0.16 (3.13%)+
Announcement
Release
3 Aug 2026 9:03AM
Price at Release
$5.110
Full Release
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Summary
Steadfast Group Limited is engaged in ongoing discussions with a consortium, including Amwins Group, Inc., Dragoneer Investment Group, LLC, and Kohlberg Kravis Roberts & Co. L.P., regarding a proposal to acquire the company at a price of $6.00 per share. This proposal, subject to adjustments for declared dividends, follows substantial due diligence with plans to finalize necessary approvals by 19 August 2026. However, there is no guarantee of a transaction, and Steadfast shareholders currently need not take any action.
Key Points
  • Steadfast Group Limited is in discussions with a consortium consisting of Amwins Group, Inc., Dragoneer Investment Group, LLC, and Kohlberg Kravis Roberts & Co. L.P. regarding a proposal to acquire Steadfast.
  • The proposed acquisition is set at $6.00 per share in cash, adjusted for any dividends or distributions declared or paid by Steadfast after 5 June 2026.
  • The consortium has completed substantial due diligence and intends to complete remaining confirmatory due diligence and internal approvals.
  • The exclusivity period for negotiations extends until 19 August 2026 to finalize transaction documentation.
  • There is no certainty that the proposal will result in a transaction, and shareholders are not required to take action currently.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.