Australia's Steadfast agrees to $5.51 billion buyout bid by KKR-backed consortium

KKR•2026-08-21

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$1 = 1.3968 Australian dollars

Steadfast enters takeover agreement

Australia's Steadfast Group SDF.AX on Friday said that it has entered into a scheme implementation deed with a consortium including KKR KKR.N for a takeover offer, giving the insurance broker an enterprise value of A$7.7 billion ($5.51 billion).

Australia's Steadfast agrees to $5.51 billion buyout bid by KKR-backed consortium

Currency conversion

Steadfast enters takeover agreement

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