Australian Insurance Broker Steadfast Agrees to A$7.7 Billion (US$5.51 Billion) Buyout by KKR-Led Consortium
The consortium, which includes Amwins Group, Dragoneer Investment Group, and KKR, will acquire all outstanding Steadfast shares for A$6 each in cash. This represents a 51.9% premium to Steadfast's closing price on June 9, 2026. Steadfast's board has unanimously endorsed the scheme, with completion anticipated by December 2026.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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