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

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)
Rebecca Stevenson
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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