US-based private equity firm The Carlyle Group and Australia's major investment bank Macquarie Group, have announced today that they will purchase Redflex Holdings for US$304 million.
US-based private equity firm The 2257 Carlyle Group and Australia's major
investment bank 802 Macquarie Group, have announced today that they will
purchase 112 Redflex Holdings for US$304 million. The takeover bid offered
was AU$2.70 in cash for every Redflex share. Redflex board is
recommending the offer and the deal will be finalised in June, providing
the company’s shareholders accept the bid.
