Highlights
- EQT Holdings (ASX:EQT) has received competing indicative Takeover proposals from BGH Capital and TPG Global.
- BGH Capital submitted a proposal of A$24.75 per share, narrowly exceeding TPG’s earlier A$24.55 per share approach.
- Both proposals remain non-binding and subject to due diligence, regulatory approvals and board consideration.
- Investors are watching FY26 results, bidder engagement, potential price revisions and regulatory requirements.
EQT Holdings (ASX:EQT) has moved from a relatively quiet position in the ASX small-cap market into takeover focus after attracting interest from two private-equity bidders within days. The competing approaches highlight the…






