Veda agrees to Equifax bid

A small increase in the bid price has been enough to win Veda’s directors over.

As expected, in Equifax bids for Veda from 21 Sep 15 (Hold – $2.62), Equifax has raised its bid for credit reporting company Veda Group. The indicative bid, which has been increased from $2.70 a share to a very specific $2.825 a share, has secured a board recommendation.

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