date:Aug 12, 2014
company that attracted its rival in the first place. While the pair could yet withdraw interest after due diligence, the prospect of competing bids by two of the world's biggest private equity investors sent Treasury's shares 4 percent higher to close at a year high of A$5.33 - above the indicative offer from both parties and valuing the target at about $3.21 billion.
It's highly probable that a deal gets done now that there's two of them, CLSA analyst David Thomas said. A private equity purcha