Leaks hurt Ebos deal, but they didn't sink it

No deal, as Ebos tried to soothe the market with an update on four months of trading. (Image: Ebos)

Fri, 24 Nov 2023

New Zealand sources with knowledge of the failed Ebos buyout of an Australian vets and pets company say its extraordinary regulators turn a blind eye to the rampant leaks to the media. Listed company Ebos was forced into a trading halt after Australian media reported it would ink a deal to buy private equity-backed firm Greencross for more than $4 billion with support from AustralianSuper. However, after an extended trading halt, Ebos told markets the unnamed transaction wasn’t going ahead and smoothed the negative new...

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