HomeMergers & AcquisitionsGeminder's Kin Group edges closer to Pact Group buyout

Geminder’s Kin Group edges closer to Pact Group buyout

Australia’s Pact Group Holdings is edging closer to a total buyout by Bennamon Industries after the chair of its independent board committee (IBC) recommended that minority shareholders accept the latest offer of $0.84 per share. Bennamon is a subsidiary of investment company Kin Group, which is controlled by the Geminder family. Raphael Geminder and his…

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