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HomeBusiness NewsPraemium board knocks back $785m takeover offer from Netwealth

Praemium board knocks back $785m takeover offer from Netwealth

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Australia’s fastest-growing wealth management platform Netwealth (ASX: NWL) has proposed a scrip-based takeover offer to Praemium (ASX: PPL) at a 29 per cent premium, but the target’s board unanimously believes the bid undervalues its momentum and superior technology.

At yesterday’s closing…



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