Diversa ends EQT talks
Publicly-listed superannuation, insurance and investment company, Diversa, appears to have turned its back on an acquisition proposal from Equity Trustees.
Diversa announced to the Australian Securities Exchange (ASX) today that it was not proceeding with further discussions with Equity Trustees on the move.
Its announcement said that it had received the unsolicited, confidential, non-binding, indicative proposal from Equity Trustees in April "regarding a possible acquisition of all of the shares in Diversa by a scheme of arrangement.
The ASX announcement appears to close the issue with respect to the current Equity Trustees offer.
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