In today’s briefing:
- GQG Mulls Offer As Pacific Current Balks At Regal’s NBIO
- Pureprofile Ltd – Delivers on EBITDA Margin Guidance of 11% for FY23
GQG Mulls Offer As Pacific Current Balks At Regal’s NBIO
- Yesterday (26 July), asset manager Pacific Current (PAC AU) announced a cash/scrip NBIO from Regal Partners (RPL AU).
- Under Regal’s proposal, Pacific Current shareholders would receive an implied $10.77/share. Pacific Current considers the current share price doesn’t reflect the underlying value of its portfolio and business.
- Now GQG Partners (GQG AU) has announced it intends to submit its own NBIO. No price was mentioned.
Pureprofile Ltd – Delivers on EBITDA Margin Guidance of 11% for FY23
- Pureprofile Ltd (ASX:PPL) is a data analytics and consumer insights business underpinned by proprietary technology, servicing business decision makers in brands and media companies as well as market researchers.
- The company has an established position delivering insights to clients across 89 countries and has captured through its panel fully declared, deep consumer profiles, first-party data, and insights.
- Pureprofile has delivered a 14% increase in Q4 revenue to $11.1m from its core Data & Insights and SaaS platform businesses.