AUB Group (ASX:AUB) terminated talks with a consortium comprising EQT AB and CVC Asia Pacific, regarding a proposal to acquire the company's shares, by way of a scheme of arrangement for AU$45.00 per share, according to a Monday filing with the Australian bourse.
The consortium said it does not intend to proceed with the proposal at the price, the filing said.
The company reaffirmed its fiscal year 2026 net profit after tax guidance in the range of AU$215 million to AU$227 million, the filing added.