Street Talk
New Redflex offers trump Macquarie
Traffic systems provider Redflex Holdings says it has received takeover proposals at more than $2.50 a share.
Nabila Ahmed and Sarah Thompson
Updated
Traffic systems provider Redflex Holdings says it has received a number of takeover proposals from “credible parties" priced at more than the $2.50 a share offered by Macquarie Group two months ago.
The company has been testing the market since mid-August for a potential sale following an approach from Macquarie Group.
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