Anchorage wins rival's backing for buyout of Australia's Affinity
Anchorage Capital Partners has won the support of rival bidder G8 Education for its acquisition of Australian childcare business Affinity Education after submitting an improved offer.
The private equity firm previously won support for a A$208.3 million ($150 million) deal priced at A$0.90 per share. This bid has now been increased to A$0.92 per share in cash, according to a regulatory...
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